Miller's Farm Has 110,000 Shares of Stock Outstanding, Sales of $960,000

question 50

Multiple Choice

Miller's Farm has 110,000 shares of stock outstanding, sales of $960,000, and net income of $51,000. Financial analysts believe the price-earnings ratio for this firm should be 15.8. Given this information, what should be the current stock price?

• A) $7.33
• B) $8.87
• C) $14.85
• D) $14.57
• E) $15.21

Comprehend the impact of social media's character limitations on network communication.

Acknowledge the demands of media relations in a 24/7 social media environment.

Explain social media's influence on public relations practices and theory.

Appreciate the role of two-way communication in engaging audiences on social media platforms.