Multiple Choice
KBJ has total assets of $613,000.There are 21,000 shares of stock outstanding with a market value of $13 a share.The firm has a profit margin of 6.2 percent and a total asset turnover of 1.08.What is the price-earnings ratio?
A) 6.38
B) 7.99
C) 6.65
D) 5.12
E) 7.41
Correct Answer:
Verified
Correct Answer:
Verified
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