Multiple Choice
Townsend Enterprises has a PEG ratio of 5.3, net income of $49,200, a price-earnings ratio of 17.6, and a profit margin of 7.1 percent. What is the earnings growth rate?
A) 2.48 percent
B) 1.06 percent
C) 3.32 percent
D) 5.20 percent
E) 10.60 percent
Correct Answer:
Verified
Correct Answer:
Verified
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