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QUESTION : 34 Vang Corp.'s stock price at the end of last year was $26 and its earnings per share for the year were $2.30. What was its P/E ratio? a. 12.50. b. 11.90. c. 13.10. d. 13.70. e. 11.30. QUESTION :35 A company has net sales of $900,000 and average accounts receivable of $300,000. What is its accounts receivable turnover for the period? a. 0.20. b. 5.00. c. 20.0. d. 73.0.

QUESTION : 34 Vang Corp.'s stock price at the end of last year was $26 and its earnings per share for the year were $2.30. What was its P/E ratio? a. 12.50. b. 11.90. c. 13.10. d. 13.70. e. 11.30. QUESTION :35 A company has net sales of $900,000 and average accounts receivable of $300,000. What is its accounts receivable turnover for the period? a. 0.20. b. 5.00. c. 20.0. d. 73.0.

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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QUESTION : 34 Vang Corp.'s stock price at the end of last year was $26 and its earnings per share for the year were $2.30. What was its P/E ratio? a. 12.50. b. 11.90. c. 13.10. d. 13.70. e. 11.30. QUESTION :35 A company has net sales of $900,000 and average accounts receivable of $300,000. What is its accounts receivable turnover for the period? a. 0.20. b. 5.00. c. 20.0. d. 73.0.
Transcribed Image Text:QUESTION : 34 Vang Corp.'s stock price at the end of last year was $26 and its earnings per share for the year were $2.30. What was its P/E ratio? a. 12.50. b. 11.90. c. 13.10. d. 13.70. e. 11.30. QUESTION :35 A company has net sales of $900,000 and average accounts receivable of $300,000. What is its accounts receivable turnover for the period? a. 0.20. b. 5.00. c. 20.0. d. 73.0.
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