Multiple Choice
If a firm has sales of $100, total expenses (including interest and taxes) of $50, has a stock that is selling at $50 per share and has 10 shares of stock outstanding, then the firm has a P/E ratio of:
A) 2.00
B) 1.00
C) 10.0
D) 0.20
Correct Answer:
Verified
Correct Answer:
Verified
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