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The Meat Market Has $747,000 in Sales

Question 33

Multiple Choice

The Meat Market has $747,000 in sales.The profit margin is 4.1 percent and the firm has 7,500 shares of stock outstanding.The market price per share is $22.What is the price-earnings ratio?


A) 5.39
B) 8.98
C) 11.42
D) 13.15
E) 14.27

Correct Answer:

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