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ABDULL 28 . The Bigfoot Company is small and privately owned firm. Last year's income was 515,000 and 10.000 shares were outstanding. The owners were

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ABDULL 28 . The Bigfoot Company is small and privately owned firm. Last year's income was 515,000 and 10.000 shares were outstanding. The owners were willing to determine the value of the firm before public offering. The industry average of P/E is 5.0. Estimate the value of the firm's one share Kale a) 10.5 b) 7.5 5.0 20 d) 22.5 e) 12.5 Bo birak

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