Question
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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