Solved: The firm has a profit margin of 105 total assets of 30, Risk Management

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The firm has a profit margin of 105 total assets of 30

Lab R Doors' year-end price on its common stock is $45. The firm has a profit margin of 10.5%, total assets of $30 million, a total asset turnover ratio of 2.00, no preferred stock, and there are 4.0 million shares of common stock outstanding. What is the PE ratio for Lab R Doors?

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Risk Management: The firm has a profit margin of 105 total assets of 30

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Risk Management: The firm has a profit margin of 105 total assets of 30

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