Tall Tree Timber Has Annual Net Income of $213,640 and 72,000

question 58

Multiple Choice

Tall Tree Timber has annual net income of $213,640 and 72,000 shares of stock outstanding.Big Trees is a similar firm with similar growth opportunities that has 75,000 shares of stock outstanding with a market price of $31.80 a share and earnings per share of $1.48.What is the estimated value of Tall Tree Timber?

• A)$3,603,208
• B)$4,590,373
• C)$5,009,046
• D)$4,087,082
• E)$3,874,298

---

Definitions:

Evolutionary Psychology

A theoretical approach in psychology that attempts to explain mental and psychological traits—such as memory, perception, or language—as adaptations, i.e., as the functional products of natural selection.

Maladaptive

Behaviors or thoughts that instead of helping, end up being harmful or obstructing one’s ability to adjust healthily to particular situations or environments.

Homicide

The act of one human killing another, whether lawfully or unlawfully.

Olfactory System

The sensory system responsible for the sense of smell, involving the detection and processing of odor molecules by the olfactory receptors and brain.