5. (10 points) Company XYZ realized negative earnings of $12,900 last year even though their...
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5. (10 points) Company XYZ realized negative earnings of $12,900 last year even though their total revenue (sales) reached historical high of $1,620,000. The negative earnings were caused by the rise of the cost of raw materials. Right now, this company has 100,000 shares outstanding and those peer companies in the same industry have average PE ratio of 15.8 and PS ratio 11.9. What is the common stock price using comparable method
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