Firm A has Net Income of $17M and has 123,000 shares outstanding. Estimate its share price based on the following information about its peers: Firms B UOL с ow D E P/E 5.2 -5.0 7.0 8.8

College Accounting, Chapters 1-27
23rd Edition
ISBN:9781337794756
Author:HEINTZ, James A.
Publisher:HEINTZ, James A.
Chapter24: Analysis Of Financial Statements
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Firm A has Net Income of $17M and has 123,000 shares outstanding. Estimate its share price based
on the following information about its peers:
Firms
B
CDE
119
P/E
5.2
-5.0
7.0
8.8
Transcribed Image Text:Firm A has Net Income of $17M and has 123,000 shares outstanding. Estimate its share price based on the following information about its peers: Firms B CDE 119 P/E 5.2 -5.0 7.0 8.8
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