Use the Following Stock Quotes to Answer This Question $\text { 52-WEEK }$

question 17

Multiple Choice

Use the following stock quotes to answer this question:
$\text { 52-WEEK }$
$\begin{array}{lccccc} \text{ Company} & \text{ Volume} & \text{ Close} & \text{ Chg }& \text{ High }& \text{ Low } \\ \text{ Aldridge, Inc.} & 32,653,080 & 34.50 & -.20 & 41.60 & 33.90 \\ \text{ Baker Co.} & 11,508,900 & 78.10 & -2.30 & 82.30 & 74.60 \\ \text{ Chelsea, Inc. }& 51.873,450 & 48.20 & 4.10 & 48.60 & 29.40\end{array}$

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Baker Co. has 198,000 shares of stock outstanding and a PE ratio of 22. What was the net income for the most recent four quarters?

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Definitions:

Organizational Culture

The shared values, beliefs, and practices that characterize an organization and influence its members' behavior.

Ethical Codes

A collection of rules aimed at assisting professionals in carrying out their duties ethically and honorably.

Strategic Plan

A document outlining an organization's long-term goals and the actions needed to achieve them, considering internal and external factors.

Principles

Basic principles or statements that provide the groundwork for a belief system or behavioral code, or which underpin a sequence of logical deductions.