1.

a. A company has an EPS of $1.65, a book value per share of $15.84, and a market/book ratio of 2.2x. What is its P/E ratio? The stock price should be rounded to the nearest cent. Round your answer to two decimal places.

b. A firm has a profit margin of 4.5% and an equity multiplier of 2.8. Its sales are $320 million, and it has total assets of $192 million. What is its ROE? Do not round intermediate calculations. Round your answer to two decimal places.

c. Precious Metal Mining has $4 million in sales, its ROE is 18%, and its total assets turnover is 3.2x. Common equity on the firms balance sheet is 80% of its total assets. What is its net income? Write out your answer completely. For example, 5 million should be entered as 5,000,000. Round your answer to the nearest cent. Do not round intermediate steps.

2.

a.