Calculate Net Income Given the Following Information: Shares Outstanding =

question 214

Multiple Choice

Calculate net income given the following information: shares outstanding = 1,000,000; stock price = $18/share; PE ratio = 20.

• A) $750,000
• B) $800,000
• C) $850,000
• D) $900,000
• E) $950,000

Understand the concept of the optimal solution, including its determination and its location within the feasible region.

Grasp the application of linear programming in practical scenarios such as product mix, resource allocation, and minimization or maximization problems.

Familiarize with the iso-profit line solution method and its application to maximize the objective function in linear programming.

Recognize the infeasibility of solutions and understand unbounded problems in the context of linear programming.