There are 35000 shares of stock outstanding with a market, Financial Management

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There are 35000 shares of stock outstanding with a market

Frick & Frack has total assets (TA) of $1,230,500 and total asset turnover (TAT) of 1.4. The firm has a profit margin (PM) of 10.2 percent. There are 35,000 shares of stock outstanding with a market value of $32 a share. What is the price-earnings (P/E) ratio?

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Financial Management: There are 35000 shares of stock outstanding with a market

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Financial Management: There are 35000 shares of stock outstanding with a market

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