GB550 Unit 2 QUASTION AND ANSWER.100%A
Date and Time Started: 1/23/2017 3:53:53 PM Time Spent: 32 min , 38 secs Points Received: 20 / 20 (100%) Question Type: # Of Questions: # Correct: Multiple Choice 10 10 Grade Details - All Questions Question 1.Question : Lindley Corp.'s stock price at the end of last year was $33.50, and its book value per share was $25.00. What was its market/book ratio? Student Answer: 1.34 1.41 1.48 1.55 Instructor Explanation: Stock price =$33.50; Book value per share=$25.00; M/B ratio=1.34 Points Received: 2 of 2 Comments: Question 2.Question : Rappaport Corp.'s sales last year were $320,000, and its net income after taxes was $23,000. What was its profit margin on sales? Student Answer: 6.49% 6.83% 7.19% 7.55% Instructor Explanation: Sales $320,000 Net income $23,000 Profit margin 7.19% Points Received: 2 of 2 This study source was downloaded by from CourseH on :00:23 GMT -06:00 This stud
Written for
- Institution
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Kaplan University
- Course
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GB 550
Document information
- Uploaded on
- November 25, 2021
- Number of pages
- 5
- Written in
- 2021/2022
- Type
- Exam (elaborations)
- Contains
- Questions & answers
Subjects
- book value per share
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lindley corps stock price at the end of last year was 3350
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and its book value per share was 2500 what was its marketbook ratio
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marketbook ratio
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lindley corps s
