A Firm Has 21,000 Shares of Stock Outstanding,sales of $927,000,a

question 43

Multiple Choice

A firm has 21,000 shares of stock outstanding,sales of $927,000,a profit margin of 4.8 percent,a price-earnings ratio of 6.2,and a book value per share of $5.80.What is the market-to-book ratio?

• A)1.67 times
• B)3.98 times
• C)4.27 times
• D)3.29 times
• E)2.26 times

Analyze scenarios based on supply and demand diagrams to identify inefficiencies caused by externalities.

Demonstrate the mechanism and effectiveness of tradable pollution permits.

Explain the importance of transaction costs in the success or failure of private bargaining solutions to externalities.

Identify and calculate socially optimal quantities and prices in markets affected by externalities.

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Definitions:

Resource

Any physical or virtual entity of limited availability that needs to be consumed to obtain a benefit, including natural resources, human resources, and financial resources.

Interest Rate

It represents the cost of borrowing money or the reward for saving, crucial for personal finance and economic policy decisions.

Years

Units of time that represent a period approximately equal to 365 days, used to measure duration or age.