K You notice that Cornish Sodas has a share price of $40.35 and EPS of $1.96. Its competitor Patchogue Soda has EPS of $3.86. Johnston, a much smaller batch craft soda producer, has a P/E ratio of 38. Based on this information, what is one estimate of the value of a share of Patchogue Soda stock? One share of Patchogue Soda stock is valued at $ ☐ . (Round to the nearest cent.) ad
K You notice that Cornish Sodas has a share price of $40.35 and EPS of $1.96. Its competitor Patchogue Soda has EPS of $3.86. Johnston, a much smaller batch craft soda producer, has a P/E ratio of 38. Based on this information, what is one estimate of the value of a share of Patchogue Soda stock? One share of Patchogue Soda stock is valued at $ ☐ . (Round to the nearest cent.) ad
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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answer must be in proper format or i will give down vote
Transcribed Image Text:K
You notice that Cornish Sodas has a share price of $40.35 and EPS of $1.96. Its competitor
Patchogue Soda has EPS of $3.86. Johnston, a much smaller batch craft soda producer, has a P/E ratio
of 38. Based on this information, what is one estimate of the value of a share of Patchogue Soda stock?
One share of Patchogue Soda stock is valued at $ ☐ .
(Round to the nearest cent.)
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