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Silky Smooth has an EPS of $ 2 . 9 3 per share and a profit margin of 6 . 3 percent. If the PS

Silky Smooth has an EPS of $2.93 per share and a profit margin of 6.3 percent. If the PS ratio is 1.56 times, what is the stock price?
$72.55
Price ?t=1.5646.50?
Price ?t=$72.55
Profit margin = Net income ?? sales =EPS? Sales per share
.063=2.93? sales per share
Sales per share =$46.50
$18.46
$78.60
$84.64
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