Jupiter Explorers Has 6400 In Sales The Profit Margin Is 4 Percent There Are 640

Jupiter Explorers has $6400 in sales. The profit margin is 4 percent. There are $6400 shares of stock outstanding. The market price per share is $1.20. What is the price earnings ratio?

Jupiter Explorers has $6400 in sales. The profit margin is 4 percent. There are $6400 shares of stockoutstanding. The market price per share is $1.20. What is the price earnings ratio?Solution:…

 

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