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.

Managerial Accounting: The Cornerstone of Business Decision-Making
7th Edition
ISBN:9781337115773
Author:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
Publisher:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
Chapter15: Financial Statement Analysis
Section: Chapter Questions
Problem 53E: Rebert Inc. showed the following balances for last year: Reberts net income for last year was...
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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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