17. Benet, Inc. has total sales of $128,000 and a profit margin of 12.89 percent. Currently, the firm has 15,000 shares outstanding. What are the earnings per share? a. $.91 b. $1.10 c. $4.35 d. $7.43 e. $8.53 18. Battery Plus, Inc. has total assets of $642,000. There are 60,000 shares of stock outstanding with a market value of $19 a share. The firm has a profit margin of 6.4 percent and a total asset turnover of 1.36. What is the price-earnings ratio? a. 15.10 b. 20.40 c. 23.91 d. 27.56 e. 30.20 19. The common stock of McDonald and Sons is selling for $27.10 a share. The company has earnings per share of $.95 and a book value per share of $15.60. What is the market-to-book ratio? a. .58 b. 1.64 c. 1.74 d. 2.67 e. 2.85 20. Garner, Inc. has a return on equity of 12.5 percent, an equity multiplier of 1.7, and a total asset turnover of 2.1. What is the profit margin? a. 3.50 percent b. 3.57 percent c. 4.63 percernt d. 4.70 percent e. 7.35 percent