Nova Components is a manufacturer of computer parts. The company 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 of the computer parts industry which has an industry PE ratio of 25.6. Using industry information, estimate the intrinsic value of Nova Components' equity per share. A. $64.08 B. $153.78 C. $128.15 D. $5.01

Nova Components is a manufacturer of computer parts. The company 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 of the computer parts industry which has an industry PE ratio of 25.6. Using industry information, estimate the intrinsic value of Nova Components' equity per share. A. $64.08 B. $153.78 C. $128.15 D. $5.01

Managerial Accounting: The Cornerstone of Business Decision-Making

7th Edition

ISBN:9781337115773

Author:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger

Publisher:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger

Chapter15: Financial Statement Analysis

Section: Chapter Questions

Problem 54E: Rebert Inc. showed the following balances for last year: Reberts net income for last year was...

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