Given the information below for Seger Corporation, compute the expected share price at the end of 2022 using price ratio analysis. Assume that the historical (arithmetic) average growth rates will remain the same for 2022. Note: Do not round intermediate calculations. Round your answers to 2 decimal places. Year Price EPS CFPS SPS 2016 $94.50 4.34 7.27 52.60 Using PE ratio Using P/CF ratio Using P/S ratio $ $ 69 69 2017 $100.40 Answer is complete but not entirely correct. $ 5.05 8.24 58.52 2018 $99.10 5,22 8.71 57.90 Share Price 2019 $97.90 6.06 10.12 60.69 316.15 X 249.66 X 148.12 X 2020 $ 121.50 7.00 11.80 71.60 2021 $136.80 8.00 13.10 78.70
Given the information below for Seger Corporation, compute the expected share price at the end of 2022 using price ratio analysis. Assume that the historical (arithmetic) average growth rates will remain the same for 2022. Note: Do not round intermediate calculations. Round your answers to 2 decimal places. Year Price EPS CFPS SPS 2016 $94.50 4.34 7.27 52.60 Using PE ratio Using P/CF ratio Using P/S ratio $ $ 69 69 2017 $100.40 Answer is complete but not entirely correct. $ 5.05 8.24 58.52 2018 $99.10 5,22 8.71 57.90 Share Price 2019 $97.90 6.06 10.12 60.69 316.15 X 249.66 X 148.12 X 2020 $ 121.50 7.00 11.80 71.60 2021 $136.80 8.00 13.10 78.70
Financial Accounting
14th Edition
ISBN:9781305088436
Author:Carl Warren, Jim Reeve, Jonathan Duchac
Publisher:Carl Warren, Jim Reeve, Jonathan Duchac
Chapter13: Corporations: Organization, Stock Transactions, And Dividends
Section: Chapter Questions
Problem 4CP
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