Multiple Choice
ABC has a net profit margin of 4.3 percent on Sales of $12,000,000.The firm has 250,000 shares outstanding.If the firm's P/E is 16 times,how much is the stock selling for?
A) $41.72
B) $35.96
C) $25.40
D) $33.02
Correct Answer:
Verified
Correct Answer:
Verified
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