Benkart Corporation has sales of 5,000,000, net income of ...

[cartlidgeashley]

Benkart Corporation has sales of 5,000,000, net income of 800,000, total assets of 2,000,000, and
  100,000 shares of common stock outstanding. If Benkart's P/E ratio is 12, what is the company's
  current stock price?
 
  A) 360 per share B) 240 per share C) 96 per share D) 60 per share

Question 2

________ refers to the ease with which a firm is able to tap-in to sources of capital.
 
  A) Shareholder control
  B) Financial flexibility
  C) Risk and timing
  D) Impact and cost

[bubulittle310@msn.cn]

Answer to Question 1

C

Answer to Question 2

B