Business, 06.06.2020 21:02, masontdavis

Lassiter Industries has annual sales of $220,000 with 10,000 shares of stock outstanding. The firm has a profit margin of 6 percent and a price-sales ratio of 1.20. What is the firm's price-earnings ratio?

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Lassiter Industries has annual sales of $220,000 with 10,000 shares of stock outstanding. The firm h...