JJ’s has 84,000 shares of stock outstanding. Company sales for the year are $3.8

JJ’s has 84,000 shares of stock outstanding. Company sales for the year are $3.8

Question # 00237950 Posted By: step4 Updated on: 04/04/2016 05:46 PM Due on: 05/04/2016
Subject Finance Topic Finance Tutorials:
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JJ’s has 84,000 shares of stock outstanding. Company sales for the year are $3.8 million and the profit margin is 6 percent. What is the current value of the stock if the price-earnings ratio is 14.6?

$42.79

$34.06

$39.63

$32.84

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    Tutorial # 00233159 Posted By: step4 Posted on: 04/04/2016 05:46 PM
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