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Question 6 4 pts Benkart Corporation has sales of $8,000,000, net income of $1,500,000, total assets of $20,000,000, and 300,000 shares of common stock outstanding

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Question 6 4 pts Benkart Corporation has sales of $8,000,000, net income of $1,500,000, total assets of $20,000,000, and 300,000 shares of common stock outstanding (CSHO). If Benkart's P/E ratio is 18, what is the company's current stock price? $96 $72 O $98 O $90 Question 7 4 pts Herring Corporation has operating income of $470,000 and a 40% tax rate. The firm has short-term debt of $230,000, long- term debt of $642,000, and common equity of $872,000. What is its return on invested capital (ROIC)? 22.85% 26.95% 17.42% O 16.71% Question 8 4 pts MacBook Pro 0

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