1. When a company issues shares of stock to the public for the first time, it is known as: A. Liquidation B. Acquisition C. Initial Public Offering (IPO) D. Merger

2.Calculate the price-earnings (P/E) ratio for a company with a stock price of $50 per share and earnings per share (EPS) of $5.

3. Company B's gross profit for the year was $200,000, and their total operating expenses were $80,000. Calculate their net profit for the year.

4. A product costs $20 to produce, and the company sells it for $40 each. If they sell 1,000 units, what is their total profit?