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  • 12-03-2024
  • Business
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Jupiter explorers has 9,800 in sales. The profit margin is 5 percent. There are 4,500 shares of stock outstanding, with a price of 1.90 per share. What is the company's price-earnings ratio?
a) 23.5
b) 24.7
c) 26.2
d) 29.0

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