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17. TMC Corp's stock price at the end of last year was $50.25, and its book value per share was $37.50.* O a) 1.34 O

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17. TMC Corp's stock price at the end of last year was $50.25, and its book value per share was $37.50.* O a) 1.34 O b) 2.4 O O c) 0.746 O d) 1.50 18. The Fardon Corp. had earnings before taxes of $400,000 and sales of $2,000,000. If it is in the 40% tax bracket, its after-tax profit margin is * O O a) 40%. b) 12%. c) 20%. od) 25%. O

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