Parker's Meats Has Total Assets of $411,900,a Price-Earnings Ratio of 8.4,a

question 49

Multiple Choice

Parker's Meats has total assets of $411,900,a price-earnings ratio of 8.4,a debt-equity ratio of .65,and earnings per share of $1.22.What is the market to book ratio if there are 45,000 shares of stock outstanding?

• A)1.85 times
• B).79 times
• C)2.24 times
• D)5.46 times
• E)2.80 times

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Definitions:

Psychological States

The mental conditions that characterize the functioning of an individual's mind at any given time.

Physiological States

Various conditions or statuses of the body's internal processes, often influenced by internal and external factors.

Drives

Internal motivational states that prompt organisms to fulfill basic needs, such as hunger, thirst, or the drive for social connection.

Maslow

Abraham Maslow was an American psychologist best known for creating Maslow's hierarchy of needs, a theory of psychological health predicated on fulfilling innate human needs in priority, culminating in self-actualization.