The Allied Computer Co

question 71

True/False

The Allied Computer Co. has sales of $300 million, a net profit margin of 9%, and 10 million shares. It has no preference shares. If Allied share trades at $50 per share, it has a price/earnings ratio of 20.9.

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Student Loan Interest

The cost paid for borrowing money for education, which can sometimes be deductible on federal taxes.

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