Listed here are data for five companies. These data are for the companies' 2019 fiscal...
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Accounting
Listed here are data for five companies. These data are for the companies' 2019 fiscal years. The market price per share is the closing price of the companies' stock the day after they announced their 2019 earnings. Except for market price per share, all amounts are in millions. The shares outstanding number is the weighted-average number of shares the company used to compute basic earnings per share. Note that the numbers for Mountainview Investments are significantly different that the other companies. For example, the number for its shares outstanding includes a decimal, not a comma. Its shares outstanding are about are 1.6 million, not 1.6 billion. Required a. Compute the earnings per share (EPS) for each company. b. Compute the P/E ratio for each company. c. Using the P/E ratios, rank the companies' stock in the order that the stock market appears to value the companies, from most valuable to least valuable. d. Compute the book value per share for each company. e-1. Compute the ratio of Market Value to Book Value of each company. e-2. Based on the data, rank the companies from most valuable to least valuable. (The higher the ratio of market value to book value, the greater the value the stock market appears to be assigning to a company's stock.) (For all the requirements, round your intermediate calculations and final answers to 2 decimal places.)
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