Jupiter Explorers has $7,400 in sales. The profit margin is 5 percent. There are 4,100 shares of stock outstanding, with a price of $1.60 per share. What is the company's price-earnings ratio? Multiple Choice 17.73 times 8.87 times 14.44 times 13.60 times 45.12 times

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Jupiter Explorers has $7, 400 in sales. The profit margin is 5 percent. There are 4, 100 shares of stock outstanding, with a price of $1.60 per share. What is the company's price - earnings ratio?

Multiple Choice 17.73 times 8.87 times 14. 44 times 13.60 times.45.12 times

Jupiter Explorers has $7,400 in sales. The profit margin is 5 percent. There are 4,100 shares of stock outstanding, with a price of $1.60 per share. What is
the company's price-earnings ratio?
Multiple Choice
17.73 times
8.87 times
14.44 times
13.60 times
45.12 times
Transcribed Image Text:Jupiter Explorers has $7,400 in sales. The profit margin is 5 percent. There are 4,100 shares of stock outstanding, with a price of $1.60 per share. What is the company's price-earnings ratio? Multiple Choice 17.73 times 8.87 times 14.44 times 13.60 times 45.12 times
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