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The Beta Corporation has a profit margin of 9% The sales of the company in 2012 were $15,000,000,000 The number of shares outstanding were 2,500,000,000

The Beta Corporation has a profit margin of

9%

The sales of the company in 2012 were

$15,000,000,000

The number of shares outstanding were

2,500,000,000

The current price of the stock is

$15.00

Determine the net earnings or profit of the firm.

$1,250,000,000

$1,530,000,000

$1,350,000,000

$1,450,000,000

Question 4

4 Points

The Alpha Company reported a net profit of

$34,000,000.00

The stock is currently selling at

$45.00

There is a dividend per share of

$1.25

The Total Debt of the firm is

$240,000,000

The Total Assets of the firm are

$870,000,000

The number of shares outstanding are

87,000,000

What is the approximate Debt/Asset Ratio for the firm?

29.75%

28.59%

25.79%

27.59%

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