KBJ has total assets of $613,000.There are 21,000 shares of stock outstanding with a market value of $13 a share.The firm has a profit margin of 6.2 percent and a total asset turnover of 1.08.What is the price-earnings ratio?
A)6.38
B)7.99
C)6.65
D)5.12
E)7.41

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The Answer of KBJ has total assets of $613,000.There are 21,000 shares of stock outstanding with a market value of $13 a share.The firm has a profit margin of 6.2 percent and a total asset turnover of 1.08.What is the price-earnings ratio?
A)6.38
B)7.99
C)6.65
D)5.12
E)7.41

KBJ Has Total Assets of $613,000