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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Definitions:

Gear Climbing

A situation in machinery where a gear tooth attempts to climb over another instead of engaging smoothly, often due to misalignment or high force application.

Tooth Contact Pattern

A diagnostic method used to check the alignment and contact of gear teeth in mechanical systems, indicating wear patterns or misalignments.

Torque

A measure of the force that can cause an object to rotate about an axis, often used in context with engines and mechanical devices.

Centerline Of Rotation

The imaginary line around which an object, often a mechanical component, rotates, serving as the axis for analysis and design.