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 2016 $ 97.60 2017 $ 103.50 2018 $102.20 EPS 2.80 3.51 CFPS 8.22 9.00 4.31 9.28 2019 $ 99.70 5.01 2020 $121.20 2021 $ 136.60 7.95 8.95 11.07 12.37 13.48 SPS 52.60 57.60 57.00 60.50 71.70 79.70 Using PE ratio Using P/CF ratio Using P/S ratio Share Price

Cornerstones of Financial Accounting
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Author:Jay Rich, Jeff Jones
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Chapter10: Stockholder's Equity
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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
2016
$ 97.60
2017
$ 103.50
2018
$ 102.20
2019
$ 99.70
2020
$ 121.20
2021
$ 136.60
EPS
CFPS
2.80
8.22
3.51
4.31
5.01
7.95
8.95
9.00
9.28
11.07
12.37
13.48
SPS
52.60
57.60
57.00
60.50
71.70
79.70
Using PE ratio
Using P/CF ratio
Using P/S ratio
Share Price
Transcribed Image Text:es 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 2016 $ 97.60 2017 $ 103.50 2018 $ 102.20 2019 $ 99.70 2020 $ 121.20 2021 $ 136.60 EPS CFPS 2.80 8.22 3.51 4.31 5.01 7.95 8.95 9.00 9.28 11.07 12.37 13.48 SPS 52.60 57.60 57.00 60.50 71.70 79.70 Using PE ratio Using P/CF ratio Using P/S ratio Share Price
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