QUESTION 4 Which of the following statements about net profit margin is NOT true? O A Low profit margin is always a bad sign. We should avoid investing such companies. It is a measure of a firm's profitability. O A high profit margin is desirable, when other things remain the same. It is net income / sales. QUESTIONS AT&T has sales of $170,765 million, net income of $19,370 million, total equity of $184,089 million, and 7,300 million shares outstanding. Its current stock price is $38.50. Compute its PE ratio. O 2.65 1.65 O 1.53 14.53