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The profit margin is 34 percent and the firm has 12500

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Reference no: EM13568522

Katrina's Fury has $697,400 in sales. The profit margin is 3.4 percent and the firm has $12,500 shares of stock outstanding. The market price is $33. What is the price earnings ratio?

a. 15.8
b. 17.1
c. 16.6
d. 17.4

Reference no: EM13568522

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