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QUESTION 23 Marshall, Inc. has total assets of $642,000. There are 60,000 shares of stock outstanding with a market value of $22 a share. The

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QUESTION 23 Marshall, Inc. has total assets of $642,000. There are 60,000 shares of stock outstanding with a market value of $22 a share. The firm has a profit margin of 7 percent and a total asset turnover of 1.36. What is the price-earnings ratio? 16.50 21.57 28.06 18.20 QUESTION 17 Crowell, Inc. has total owner's equity of $15,500. The firm has current assets of $4,900, current liabilities of $3,500, and total assets of $20,100. What is the value of the long-term debt? o $4,400 $3,500 $2,100 $1,100

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