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Dellf's Has a Profit Margin of 3

Question 40

Multiple Choice

Dellf's has a profit margin of 3.8 percent on sales of $287,200.The firm currently has 5,000 shares of stock outstanding at a market price of $7.11 per share.What is the price-earnings ratio?


A) 3.26
B) 8.02
C) 11.50
D) 5.93
E) 12.84

Correct Answer:

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