Townsend Enterprises Has a PEG Ratio of 5

question 68

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)0.33 percent
• B)1.06 percent
• C)3.32 percent
• D)5.30 percent
• E)10.60 percent

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A period in the United States from 1920 to 1933 during which the manufacture, sale, and transportation of alcoholic beverages were banned nationwide under the 18th Amendment to the Constitution.

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