On a particular date, Microsoft has a stock price of $285.35 and an EPS of $9.56. Its competitor, Oracle, had an EPS of $3.84. What would be the expected price of Oracle stock on this date, if estimated using the method of comparables? A) $41.87 B) $86.42 C) $114.58 D) $29.13

Managerial Accounting
15th Edition
ISBN:9781337912020
Author:Carl Warren, Ph.d. Cma William B. Tayler
Publisher:Carl Warren, Ph.d. Cma William B. Tayler
Chapter16: Financial Statement Analysis
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Financial accounting

On a particular date, Microsoft has a stock price of
$285.35 and an EPS of $9.56. Its competitor, Oracle,
had an EPS of $3.84. What would be the expected
price of Oracle stock on this date, if estimated using
the method of comparables?
A) $41.87
B) $86.42
C) $114.58
D) $29.13
Transcribed Image Text:On a particular date, Microsoft has a stock price of $285.35 and an EPS of $9.56. Its competitor, Oracle, had an EPS of $3.84. What would be the expected price of Oracle stock on this date, if estimated using the method of comparables? A) $41.87 B) $86.42 C) $114.58 D) $29.13
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