Jupiter Explorers Has $6,400 in Sales

question 29

Multiple Choice

Jupiter Explorers has $6,400 in sales. The profit margin is 4%. There are 6,400 shares of stock outstanding. The market price per share is $1.20. What is the price-earnings ratio?

• A) 13
• B) 14
• C) 21
• D) 30
• E) 48

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Recognize the importance of effective communication of benefits value to employees.

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