Question
Barclay Instruments posted annual sales of $176,000 last year and had 10,000 shares of stock outstanding throughout the year. Barclay generated a profit margin of
Barclay Instruments posted annual sales of $176,000 last year and had 10,000 shares of stock outstanding throughout the year. Barclay generated a profit margin of 7.5 percent and a price-sales ratio of 1.35. What is the firm's price-earnings ratio?
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Public Finance
Authors: Harvey Rosen, Ted Gayer
10th edition
9781259716874, 78021685, 1259716872, 978-0078021688
