Townsend Enterprises Has a PEG Ratio of 5

question 71

Multiple Choice

Townsend Enterprises has a PEG ratio of 5.3, net income of $49,200, a price-earnings ratio of 17.6, and a profit margin of 7.1 percent. What is the earnings growth rate?

• A) 2.48 percent
• B) 1.06 percent
• C) 3.32 percent
• D) 5.20 percent
• E) 10.60 percent

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