bay8ra9xcampcoun bay8ra9xcampcoun
  • 09-01-2017
  • Mathematics
contestada

Jupiter explorers has $7,200 in sales. the profit margin is 4 percent. there are 6,000 shares of stock outstanding. the market price per share is $1.40. what is the price-earnings ratio?

Respuesta :

denonakavro
denonakavro denonakavro
  • 09-01-2017


Earnings = Sales * Profit margin = 7200 * 4% = 288

Price to earnings = stock price / earnings per share = 1.40/(288/6000) = $29.17

Answer Link

Otras preguntas

Can the mixed number 7 and 13/100 be simplified?
Write a thesis statement for your argument against volunteering.
Read the following paragraph and answer the question: "In today's schools, there are many accounts of violence and bullying as a result of what students are wea
How many moles of argon are in 13.9 g of argon?
Austin wants to look for additional evidence to use as support in his essay on the success of the colonies without British rule. What is a reputable source for
history of Bhimsen Thapa​
do you feel reconstrution was successful?why or why not?according to civil war .please explain the historical evidence.
divide. 6 divided by 2 2/7
The following lines are ______ 4x + 2y = 10 y = -2x + 15
what is the area of the figure bellow?