Solve this question Nova Components is a manufacturer of computer parts. Thecompany recently reported earnings of $2,417,762. In addition,Nova Components has 402,500 shares issued and outstanding.The company has a PE ratio of 24.6. Nova Components is part ofthe computer parts industry which has an industry PE ratio of25.6.Using industry information, estimate the intrinsic value of NovaComponents' equity per share.A. $64.08B. $153.78C. $128.15D. $5.01

Explanation of Earnings Per Share (EPS):Earnings per share (EPS) is a measure of a company's…

Answered: Nova Components is a manufacturer of…

EBK CONTEMPORARY FINANCIAL MANAGEMENT

14th Edition

ISBN:9781337514835

Author:MOYER

Publisher:MOYER

Chapter3: Evaluation Of Financial Performance

Section: Chapter Questions

Problem 2P

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Foraker Products is a manufacturer and distributor of numerous food products. The company has a book value of $20.68 per share. Foraker Products is part of the food processing industry which has an industry PB ratio of 2.15.Using industry information, estimate the intrinsic value of Foraker Products' equity per share?
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