From the following information of two companies. Company Xy P/E ratio is 15. Company Xz P/E is 3. The sum total of the post tax earnings of the above mentioned companies are dollar 1097219. Assume the sales $3000000 Compute the market value of two companies. Answer:

From the following information of two companies. Company Xy P/E ratio is 15. Company Xz P/E is 3. The sum total of the post tax earnings of the above mentioned companies are dollar 1097219. Assume the sales $3000000 Compute the market value of two companies. Answer:

Intermediate Financial Management (MindTap Course List)

13th Edition

ISBN:9781337395083

Author:Eugene F. Brigham, Phillip R. Daves

Publisher:Eugene F. Brigham, Phillip R. Daves

Chapter6: Accounting For Financial Management

Section: Chapter Questions

Problem 10P: The Moore Corporation has operating income (EBIT) of 750,000. The companys depreciation expense is...

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Question

From the following information of two companies. Company Xy P/E ratio is 15. Company Xz P/E is 3. The sum total of the
post tax earnings of the above mentioned companies are dollar 1097219. Assume the sales $3000000 Compute the
market value of two companies.
Answer:

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