Question: Jupiter Explorers has $ 7 , 4 0 0 in sales. The profit margin is 5 percent. There are 4 , 1 0 0 shares

Jupiter Explorers has $7,400 in sales. The profit margin is 5 percent. There are 4,100 shares of stock outstanding, with a price of $1.60 per share. What is the company's price-earnings ratio?
Multiple Choice
17.73 times
8.87 times
14.44 times
13.60 times
45.12 times
 Jupiter Explorers has $7,400 in sales. The profit margin is 5

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