88. BL Lumber has earnings per share of $1.21.

88. BL Lumber has earnings per share of $1.21. The firm’s earnings have been increasing at an average rate of 3.1 percent annually and are expected to continue doing so. The firm has 21,500 shares of stock outstanding at a price per share of $18.70. What is the firm’s PEG ratio?
A. 0.48
B. 1.24
C. 2.85
D. 3.97
E. 4.99

89. Townsend Enterprises has a PEG ratio of 5.3, net income of $49,200, a price-earnings ratio of 17.6, and a profit margin of 7.1 percent. What is the earnings growth rate?
A. 0.33 percent
B. 1.06 percent
C. 3.32 percent
D. 5.30 percent
E. 10.60 percent

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90. A firm has total assets with a current book value of $68,700, a current market value of $74,300, and a current replacement cost of $75,600. What is the value of Tobin’s Q?
A. .85
B. .87
C. .92
D. .95
E. .98

91. Dixie Supply has total assets with a current book value of $368,900 and a current replacement cost of $486,200. The market value of these assets is $464,800. What is the value of Tobin’s Q?
A. .86
B. .92
C. .96
D. 1.01
E. 1.06

92. Dandelion Fields has a Tobin’s Q of .96. The replacement cost of the firm’s assets is $225,000 and the market value of the firm’s debt is $109,000. The firm has 20,000 shares of stock outstanding and a book value per share of $2.09. What is the market to book ratio?
A. 2.56 times
B. 3.18 times
C. 3.54 times
D. 4.01 times
E. 4.20 times

93. A firm has annual sales of $320,000, a price-earnings ratio of 24, and a profit margin of 4.2 percent. There are 14,000 shares of stock outstanding. What is the price-sales ratio?
A. 0.97
B. 1.01
C. 1.08
D. 1.15
E. 1.22

94. Lassiter Industries has annual sales of $220,000 with 10,000 shares of stock outstanding. The firm has a profit margin of 7.5 percent and a price-sales ratio of 1.20. What is the firm’s price-earnings ratio?
A. 14
B. 16
C. 18
D. 20
E. 22