Business, 14.06.2021 15:30, Will1119

1. Jupiter Explorers has $9,800 in sales. The profit margin is 5%. There are 4,500 shares of stock outstanding. The market price per share is $1.90. What is the price-earnings ratio?
2. A firm has a return on equity of 18%. The total asset turnover is 1.7 and the profit margin is 6%. The total equity is $7,200.
What is the amount of the net income?

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1. Jupiter Explorers has $9,800 in sales. The profit margin is 5%. There are 4,500 shares of stock o...