Question: Jupiter Explorers has $ 7 , 2 0 0 i n sales. The profit margin i s 4 percent. There are 6 , 0 0

Jupiter Explorers has $7,200in sales. The profit margin is4 percent. There are 6,000 shares of stock outstanding, with a price of $1.40 per share. What is the company's price-earnings ratio?
Multiple Choice
9.52 times
27.43 times
6.72 times
29.17 times
14.59 times
Jupiter Explorers has $7,200in sales. The profit margin is4 percent. There are 6,000 shares of stock outstanding, with a price of $1.40 per share. What is the company's price-earnings ratio?
Multiple Choice
9.52 times
27.43 times
6.72 times
29.17 times
14.59 times

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