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1. A firm has Gross Profit of $3.1 million, cost of sales of $1.6 million, operating expenses of $0.6 million, and other income of $1.5

1. A firm has Gross Profit of $3.1 million, cost of sales of $1.6 million, operating expenses of $0.6 million, and "other" income of $1.5 million. What is its EBIT?

A) $2 million

B) $0.3 million

C) $4 million

2. The firm CORP had a share price of $41.30. They had 87.54 million shares outstanding, a market-to-book ratio of 3.76. In addition, CORP had $845.01 million in outstanding debt, $178.69 million in net income, and cash of $257.09 million. CORP 's earnings per share (EPS) is closest to:

A) $0.19

B) $1.79

C) $2.04

D) $3.76

D) $0.6 million

3. The firm CORP had a share price of $41.30. They had 87.54 million shares outstanding, a market-to-book ratio of 3.76. In addition, CORP had $845.01 million in outstanding debt, $178.69 million in net income, and cash of $257.09 million., CORP's price-earnings ratio (P/E) is closest to:

A) 20.23

B) 25.78

C) 29.77

D) 35.64

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