Intermediate Financial Management (MindTap Course List)
13th Edition
ISBN:9781337395083
Author:Eugene F. Brigham, Phillip R. Daves
Publisher:Eugene F. Brigham, Phillip R. Daves
Chapter7: Analysis Of Financial Statements
Section: Chapter Questions
Problem 3P: Winston Watch’s stock price is $75 per share. Winston has $10 billion in total assets. Its balance...
Related questions
Question
Company DreamBig last fiscal year's financial results are as follows:
Sales: 116.05 million; operating income (EBIT): 17.47 million; net income: 4.66 million; short-term debt: 16.66 million; long-term debt: 50.25 million; equity: 66.87 million; common shares outstanding: 96.79 million.
The company's stock is currently trading at $10.61 per share.
What's the company's profit margin?
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