Jupiter Explorers has $8 800 in sales. The profit margin is 4 percent. There are 5,300...

Question

Question

Answer 1

Answer #1

Overall profit of the company

={Sales margin X overall sales amount}

= (8800*4%)= 352

Total market capitalisation= (number of outstanding sales x share price)

=(5300*1.6)= 8480

Price earning ratio=( total market cap/total earning)= (8480/352)= 24.09 times

Correct answer will be option (A) 24.09 times

Answer 2

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