2. Click on Financial Information and then observe the Ratios toward the bottom of the page. The...

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2. Click on “Financial Information” and then observe the “Ratios” toward the bottom of the page. The average firm in 3M’s industry of diversified chemicals has the following ratios. How does 3M compare?

a. Price to Earnings (P/E) 21.Ox

b. Price to Sales 2.4x

c. Price to Book 5.Ox

d. Net Profit 15.0%

e. Current Ratio 1.1x

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Foundations Of Financial Management

ISBN: 9780073382388

13th Edition

Authors: Stanley B. Block, Geoffrey A. Hirt, Bartley R. Danielsen

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Question Posted: Oct 22, 2024 06:01 AM

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2. Click on Financial Information and then observe the Ratios toward the bottom of the page. The...

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Foundations Of Financial Management

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