Multiple Choice
Discount Mart has $876,400 in sales with a profit margin of 3.8 percent.There are 32,500 shares of stock outstanding at a market price per share of $21.60.What is the price-earnings ratio?
A) 23.40
B) 22.60
C) 19.21
D) 21.08
E) 18.47
Correct Answer:
Verified
Correct Answer:
Verified
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