Jupiter Explorers has $7,600 in sales. The profit margin is 3 percent. There are 5,100 shares of stock outstanding. The market price per share is $1.30. What is the price- earnings ratio? 29.08 5.81 7.63 24.51 14.54

FINANCIAL ACCOUNTING
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ISBN:9781259964947
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Chapter1: Financial Statements And Business Decisions
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Jupiter Explorers has $7,600 in sales. The profit margin is 3 percent. There are 5,100 shares of stock outstanding. The market price per share is $1.30. What is the price- earnings ratio?

29.08

5.81

7.63

24.51

14.54

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