Saturn Mining has the following financial data: ⚫ Sales = $15,800 Profit margin =6% ⚫ Outstanding shares = 4,200 ⚫ Market price per share = $3.50 What is the price-earnings ratio? A. 15.47 B. 23.24 C. 31.05 D. 28.76 E. 19.83

Saturn Mining has the following financial data: ⚫ Sales = $15,800 Profit margin =6% ⚫ Outstanding shares = 4,200 ⚫ Market price per share = $3.50 What is the price-earnings ratio? A. 15.47 B. 23.24 C. 31.05 D. 28.76 E. 19.83

Intermediate Financial Management (MindTap Course List)

13th Edition

ISBN:9781337395083

Author:Eugene F. Brigham, Phillip R. Daves

Publisher:Eugene F. Brigham, Phillip R. Daves

Chapter7: Analysis Of Financial Statements

Section: Chapter Questions

Problem 4P: Reno Revolvere has an EPS of $1.50, a cash flow per share of $3.00, and a price/cash flow ratio of...

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Don't use ai given answer accounting questions

Saturn Mining has the following financial data:
⚫ Sales = $15,800
Profit margin =6%
⚫ Outstanding shares = 4,200
⚫ Market price per share = $3.50
What is the price-earnings ratio?
A. 15.47
B. 23.24
C. 31.05
D. 28.76
E. 19.83

Definition Definition Structural system an enterprise uses to collect, store, report, retrieve, and process financial data. Accounting information systems are used by business analysts, auditors, accountants, and consultants for accurate and efficient access to financial data.

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