A fiRm Has 5,000 Shares of Stock Outstanding, Sales of $6,000

question 344

Multiple Choice

A firm has 5,000 shares of stock outstanding, sales of $6,000, net income of $800, a price-earnings ratio of 10, and a book value per share of $.50. What is the market-to-book ratio?

• A) 1.6
• B) 2.4
• C) 3.0
• D) 3.2
• E) 3.6

Recognize the role of international cartels, particularly OPEC, in affecting global markets.

Explain the tit-for-tat strategy and its implication for sustaining cooperation or competition among firms.

Assess factors that limit the effectiveness of tacit collusion in industries.

Understand the conceptual definitions and categories of suicide according to Edwin Shneidman.

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Definitions:

Purges

The act of forcibly removing undesirable elements or people, often used in political contexts but also applicable to cleansing actions in various domains.

Psychological Disorder

A collection of psychological or behavioral symptoms that negatively affect various aspects of life and cause suffering to the individual involved.

Intense Fear

A profound feeling of dread or terror in response to a perceived threat or danger.

Heights

Elevated places or positions, which can induce fear or vertigo in some individuals.