Fast-Tech Corp's common shares have a market value of $63.The corporation's profit is $1,350,000 and the total number of shares outstanding is 450,000.The price-earnings ratio is
A) 20.9
B) 4.2
C) 21.0
D) 24.0
E) 6.8
Correct Answer:
Verified
Q131: FastForward had $3,000 of profit for October.Total
Q132: CompUS has pledged $275,000 worth of its
Q133: Markham Corporation had profit of $1,330,000,net sales
Q134: Vente had gross sales of $2,860 million
Q135: Sonie had average accounts receivable of $87
Q137: Wild Rose Corp paid $.65 in common
Q138: Classic Winery had profit of $39,500,net sales
Q139: CrossSport had average total assets of $697,000.Its
Q140: Dairy King has total assets of $325
Q141: CampUs Ltd has profit of $500,000.It has
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents