Question: 8. A company's current ratio is 2.4; current assets are $720.000 and inventory is $360.000. ratio will be:. a) 1,2 b) 1,5 c) 1,8
8. A company's current ratio is 2.4; current assets are $720.000 and inventory is $360.000. ratio will be:. a) 1,2 b) 1,5 c) 1,8 (10p) d) 2,1 e) 2,4 9. A share of common stock has just paid a dividend of $9. If the expected long-run grow this stock is 8 %, and if investors require a 20% rate of return, what is the price of the a. $57.50 b. $62.25 c. $67.70 d. $75.00 e. $78.92
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