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37. A share of stock sells for $20. The company has $64 million in earnings and 200 million outstanding shares. The P/E ratio for the
37. A share of stock sells for $20. The company has $64 million in earnings and 200 million outstanding shares. The P/E ratio for the company is closest to: Questions 38 and 39 The comparative financial statements of B. Darin include the following dal:Use the information above to answer the following question. The gross profit percentage for 2014 is closest to: A. 42%. B. 13.5%. C. 57.7%. D. 21.15%. 39. Use the information above to answer the following question. Which of the following would be shown on B. Darin's horizontal analysis when calculating percentage changes from 2013 to 2014? A. An increase in sales revenue of 23%. B. An increase in gross profit of 41.5%. C. An increase in interest expense of 100%. D. An increase in net income of 57%
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