What is the price-earnings ratio

Reference no: EM13282417

The Green House has a profit margin of 5.6 percent on sales of $311,200. The firm currently has 15,000 shares of stock outstanding at a market price of $11.60 per share. What is the price-earnings ratio?

12.84
11.93
9.98
10.02
11.50

Reference no: EM13282417

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