ABC Has a Net Profit Margin of 3

question 20

Multiple Choice

ABC has a net profit margin of 3.3% on Sales of $10,000,000. The firm has 50,000 shares outstanding. If the firm's P/E is 19 times, how much is the stock selling for?

• A) $41.72
• B) $34.96
• C) $125.40
• D) $99.16

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Definitions:

Chipped Nails

Small breaks or fractures on the edges of fingernails or toenails, often caused by trauma or lack of proper nail care.

Circulating Nurse

A registered nurse in the operating room responsible for overseeing patient care and managing the surgical environment.

Certified Surgical Technologist

A trained professional who provides surgical care to patients in the operating room under the supervision of a surgeon.

Antimicrobial

Substances that kill or inhibit the growth of microorganisms, including antibiotics, antivirals, antifungals, and antiseptics.