Modest Dress Company has a Book Value of $440,000,000. Its stock trades at a 200% premium over book. If its most recent ROE was 12.6%, what is its (P-e) "multiple?"

a) 3
b) 7.94
c) 15.87
d) 23.81

Answer: d) 23.81

Business

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The focus of the refreezing stage of Lewin's change model is:

a. Motivation b. Training c. Resistance d. Integration of the new behavior or attitude e. Providing new information, models, processes, procedures, equipment, technology, or ways of getting the job done

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A billandhold sale results when the buyer has not taken title nor billing but has taken delivery of the item.

a. true b. false

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