The Allied Computer Co. has sales of $300 million, a net profit margin of 9%, and 10 million shares of common stock outstanding. It has no preferred stock outstanding
If Allied stock trades at $50 per share, it has a price/earnings ratio of 20.9.
Indicate whether the statement is true or false.
Answer: FALSE
Business
You might also like to view...
Don't try to memorize a presentation because
A) you should be using a fully written script. B) you'll probably sound stilted when you deliver the message. C) it increases the necessity for improvising when you forget a line. D) you will have to increase your eye contact with the audience. E) audiences prefer to be read to rather than talked at.
Business
________ is a term that refers to a system in which everyday objects are able to communicate information throughout an interconnected system
A) Big Data B) The Internet of Things C) Data Science D) Data warehousing E) Data mining
Business