A Company Currently Has Sales of $3,400,000, Net Profit of $268,000

question 122

Multiple Choice

A company currently has sales of $3,400,000, net profit of $268,000 and 400,000 shares of stock outstanding. The sales and net profit each expected to grow by 7.5% annually. The historical price/sales ratio is 8.5, what price would you project for the stock next year?

• A) $79.23
• B) $72.56
• C) $74.02
• D) $77.67
• E) $76.12

Apply effective communication techniques in the workplace.

Identify appropriate channels for addressing issues within the medical office.

Comprehend effective engagement strategies for children in healthcare settings.

Recognize the importance and scheduling of staff meetings to ensure efficient communication.

---

Definitions:

State Legislature

The legislative body of a state in the United States, responsible for creating laws and budgets within that state.

Union

An organization, especially of workers, formed to protect and advance the rights and interests of its members, typically regarding wages, working conditions, and employment terms.

Increasing Benefits

Enhancing or expanding the advantages or positive outcomes provided by a service, policy, or program over time.

Employer Duties

Refers to the responsibilities and obligations an employer has towards their employees, including providing a safe working environment and paying wages.