Given the information below for Seger Corporation, compute the expected share price at the end of 2022 using price ratio analysis. Assume that the historical (arithmetic) average growth rates will remain the same for 2022. Note: Do not round intermediate calculations. Round your answers to 2 decimal places. Year Price EPS CFPS SPS 2016 $94.50 4.34 7.27 52.60 Using PE ratio Using P/CF ratio Using P/S ratio 2017 $ 100.40 5.05 8.24 58.52 $ $ $ 2018 $99.10 5.22 8.71 57.90 Answer is complete but not entirely correct. Share Price 2019 $97.90 6.06 10.12 60.69 316.15 X 249.66 X 148.12 X 2020 $ 121.50 7.00 11.80 71.60 2021 $136.80 8.00 13.10 78.70

Cornerstones of Financial Accounting
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ISBN:9781337690881
Author:Jay Rich, Jeff Jones
Publisher:Jay Rich, Jeff Jones
Chapter10: Stockholder's Equity
Section: Chapter Questions
Problem 88PSA: Ratio Analysis Consider the following information taken from the stockholders equity section: How do...
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Given the information below for Seger Corporation, compute the expected share price at the end of 2022
using price ratio analysis. Assume that the historical (arithmetic) average growth rates will remain the same
for 2022.
Note: Do not round intermediate calculations. Round your answers to 2 decimal places.
Year
Price
EPS
CFPS
SPS
2016
$ 94.50
4.34
7.27
52.60
Using PE ratio
Using P/CF ratio
Using P/S ratio
$ 100.40
$
$
$
58.52
2018
$ 99.10
5.22
Answer is complete but not entirely correct.
Share Price
57.90
2019
$ 97.90
6.06
10.12
60.69
316.15
249.66 X
148.12 x
$ 121.50
7.00
11.80
71.60
2021
$ 136.80
13.10
78.70
Transcribed Image Text:Given the information below for Seger Corporation, compute the expected share price at the end of 2022 using price ratio analysis. Assume that the historical (arithmetic) average growth rates will remain the same for 2022. Note: Do not round intermediate calculations. Round your answers to 2 decimal places. Year Price EPS CFPS SPS 2016 $ 94.50 4.34 7.27 52.60 Using PE ratio Using P/CF ratio Using P/S ratio $ 100.40 $ $ $ 58.52 2018 $ 99.10 5.22 Answer is complete but not entirely correct. Share Price 57.90 2019 $ 97.90 6.06 10.12 60.69 316.15 249.66 X 148.12 x $ 121.50 7.00 11.80 71.60 2021 $ 136.80 13.10 78.70
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