Fancy Paws' Year-End Price on Its Common Stock Is $20

question 60

Multiple Choice

Fancy Paws' year-end price on its common stock is $20. The firm has a profit margin of 12 percent, total assets of $20 million, a total asset turnover ratio of 0.5, no preferred stock, and there are 2 million shares of common stock outstanding. What is the PE ratio for Fancy Paws?

• A) 3.33
• B) 8.33
• C) 10.00
• D) 33.33

---

Definitions:

Anticonvulsant Medication

Drugs used to prevent or treat seizures by reducing the excessive electrical activity in the brain.

Carbamazepine

An anticonvulsant medication used mainly in the treatment of epilepsy and neuropathic pain, as well as bipolar disorder.

Phenytoin

A medication used to prevent seizures in conditions like epilepsy, by slowing down impulses in the brain that cause seizures.

Fashion Magazines

Publications dedicated to fashion and lifestyle, showcasing the latest trends, designs, and industry news.