7&8

QUESTION 7 0.16 points 7. Jupiter Explorers has $6,400 in sales. The profit margin is 4 percent. There are 6,400 shares of stock outstanding. The market price per share is $1.20. What is the price earnings ratio? A. 13 B.14 0.21 D.30 E. 48 QUESTION 8 0.16 points Save An 8. Samuelson's has a debt-equity ratio of 40 percent, sales of $8,000, net income of $600, and total debt of $2,400. What is the return on equity? A. 6.25 percent 3.7.50 percent 0.9.75 percent 0.10.00 percent E 11.25 percent