Question
Barclay Instruments posted annual sales of $176,000 in 2012 and had with 10,000 shares of stock outstanding throughout the year. Barclay generated a profit margin
Barclay Instruments posted annual sales of $176,000 in 2012 and had with 10,000 shares of stock outstanding throughout the year. Barclay generated a profit margin of 7.5 percent and a price-sales ratio of 1.50. What is the firm's price-earnings ratio?
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Financial Management Principles and Application
Authors: Arthur J. Keown, J. William Petty, David F. Scott, Jr.
10th edition
536514119, 536514110, 978-0536514110
