Question
JJs has 84,000 shares of stock outstanding. Company sales for the year are $3.8 million and the profit margin is 6 percent. What is the
JJs has 84,000 shares of stock outstanding. Company sales for the year are $3.8 million and the profit margin is 6 percent. What is the current value of the stock if the price-earnings ratio is 14.6?
$42.79
$34.06
$39.63
$32.84
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Fundamentals Of Corporate Finance
Authors: Stephen Ross, Randolph Westerfield, Bradford Jordan
13th Edition
1265553602, 978-1265553609
