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Business, 26.11.2019 01:31 samarth4315

Corner books has sales of $687,400, cost of goods sold of $454,200, and a profit margin of 5.5 percent. the balance sheet shows common stock of $324,000 with a par value of $5 a share, and retained earnings of $689,500. what is the price-sales ratio if the market price is $43.20 per share?
a. 4.28b. 12.74c. 6.12d. 4.07e. 14.51

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Corner books has sales of $687,400, cost of goods sold of $454,200, and a profit margin of 5.5 perce...

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