The green house has a profit margin of 56 percent on sales


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

 

Request for Solution File

Ask an Expert for Answer!!
Finance Basics: The green house has a profit margin of 56 percent on sales
Reference No:- TGS0621123

Expected delivery within 24 Hours