1. The following amounts were taken from the financial statements of Plant Company: 2012 Total assets $1,000,000, Net asles $650,000,Gross profit 320,000, Net Income 117,000, Weighted average number of common shares outstanding 90,000, Market price of common stock 39. 2013 Total assets $800,000 Net sales 840,000 Gross profit 352,000 Net Income 155,000, Weighted average number of common shares outstanding 90,000, Market price of common stock 35. The profit margin ratio for 2013 is A. 19.4% B. 44.1% C. 18.5% D. 10.7%. 2. The following amounts were taken from the financial statements of Plant Company: 2012 Total assets $1,000,000, Net asles $650,000,Gross profit 320,000, Net Income 117,000, Weighted average number of common shares outstanding 90,000, Market price of common stock 39. 2013 Total assets $800,000 Net sales 720,000 Gross profit 352,000 Net Income 150,000, Weighted average number of common shares outstanding 60,000, Market price of common stock 67.50. The price-earning ratio for 2013 is A. 27 times B. 45 times C. 11 times D. 2.5 times. 3. Star Corporation had net income of 300,000 and paid dividends to common stockholders of 40,000 in 2013. The weighted average number of shares outstanding in 2013 was 50,000 shares. Star Corporation's common stock is selling for 36 per share on the New York Exchange. Star Corporation's price-earning ratio is A. 5.2 times B. 6 times C. 18 times D. 6.9 times 4. Star Corporation had net income of 320,000 and paid dividends to common stockholders of 80,000 in 2013. The weighted average number of shares outstanding in 2013 was 50,000 shares. Star Corporation's common stock is selling for 30 per share on the New York Exchange. Star Corporation's payout for 2013 is A. 16% B. 25% C. 9% D. $4 Per share