The Uptowner Has $956,400 in Sales

question 66

Multiple Choice

The Uptowner has $956,400 in sales.The profit margin is 4.75 percent.There are 25,000 shares of stock outstanding with a market price per share of $32.40.What is the price-earnings ratio?

• A)8.47
• B)5.89
• C)21.09
• D)17.83
• E)13.64

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Definitions:

Aldohexose

A simple sugar or monosaccharide containing six carbon atoms and an aldehyde group.

D-(-)-Gulose

A naturally occurring sugar belonging to the family of aldohexoses, known for its optical activity.

Naturally Occurring Sugars

Sugars that are found in natural sources such as fruits, vegetables, and honey, not added during processing or packaging.

D-(-)-Glyceraldehyde

A simple sugar (monosaccharide) that serves as a reference compound for determining the D-L configuration of carbohydrates.