EBK CONTEMPORARY FINANCIAL MANAGEMENT
14th Edition
ISBN: 9781337514835
Author: MOYER
Publisher: CENGAGE LEARNING - CONSIGNMENT
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General Accounting: Lian has $616,400 in sales. The profit margin is 8.75 percent and the firm has 14,000 shares of stock outstanding. The market price per share is $45.25. What is the price-earnings ratio?
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