Lab r doors year-end price on its common stock is 57 what


Lab R Doors' year-end price on its common stock is $57. The firm has a profit margin of 11.7%, total assets of $32 million, a total asset turnover ratio of 2.20, no preferred stock, and there are 4.2 million shares of common stock outstanding.

What is the PE ratio for Lab R Doors? (Do not round intermediate steps.)

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Financial Management: Lab r doors year-end price on its common stock is 57 what
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