ABC Has a Net Profit Margin of 4

question 104

Multiple Choice

ABC has a net profit margin of 4.3 percent on Sales of $12,000,000.The firm has 250,000 shares outstanding.If the firm's P/E is 16 times,how much is the stock selling for?

• A) $41.72
• B) $35.96
• C) $25.40
• D) $33.02

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Definitions:

Developmentalists

Researchers who specialize in the study of how people grow and change over the course of their life, focusing on developmental psychology.

Systematic Observation

A methodical approach to data collection where the observer follows a strict set of guidelines to record behaviors, events, or other phenomena, often used in research to ensure reliability and validity.

Wilhelm Preyer

A German scientist recognized for his contributions to the study of child development and for being a pioneer in the field of developmental psychology.

Frequency

The rate at which something occurs over a particular period of time or in a given sample.