Multiple Choice
The Uptowner has $956,400 in sales.The profit margin is 4.75 percent.There are 25,000 shares of stock outstanding with a market price per share of $32.40.What is the price-earnings ratio?
A) 8.47
B) 5.89
C) 21.09
D) 17.83
E) 13.64
Correct Answer:
Verified
Correct Answer:
Verified
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