Given the information below for HooYah! Corporation, compute the expected share price at the end of 2017 using price ratio analysis. Assume that the historical average growth rates will remain the same for 2017. (Do not round intermediate calculations. Round your answers to 2 decimal places. Exclude negative annual P/E and P/CFPS ratios from the average P/E and average P/CFPS ratio calculations. When computing annual growth rates, use a positive sign on the annual rate of change if the per share value increased in value and use a negative sign on the annual rate of change if the per share value deceased in value.) Year 2011 2012 2013 2014 2015 2016 Price $ 9.00 $ 45.50 $ 117.00 $ 194.00 $ 84.00 $ 14.50 EPS 5.00 4.29 1.50 0.53 0.05 0.06 CFPS 10.00 7.50 2.50 0.20 0.08 0.08 SPS 6.00 14.50 18.60 22.10 25.60 22.95
newconnect.mheducation.com/flow/connect.html I Exam - All Chapters Help Save Problem 6-23 Price Ratio Analysis for Internet Companies (L04, CFA8) Given the information below for HooYah! Corporation, compute the expected share price at the end of 2017 using price ratio analysis. Assume that the historical average growth rates will remain the same for 2017. (Do not round Intermediate calculations. Round your answers to 2 decimal places. Exclude negative annual P/E and P/CFPS ratios from the average P/E and average P/CFPS ratio calculations. When computing annual growth rates, use a positive sign on the annual rate of change if the per share value Increased in value and use a negative sign on the annual rate of change if the per share value deceased in value.) kipped Year Price EPS CFPS SPS 2011 $ 9.00 -5.00 -10.00 6.00 2012 45.50 -4.29 -7.50 14.50 2013 117.00 -1.50 -2.50 18.60 2014 194.00 -0.53 -0.20 22.10 2015 $ 84.00 0.05 0.08 25.60 2016 $14.50 0.06 0.08 22.95 eBook Print ferences Share price Using P/E ratio Using PICF ratio Using P/S ratio Prev 29 of 100! Next > newconnect.mheducation.com/flow/connect.html I Exam - All Chapters Help Save Problem 6-23 Price Ratio Analysis for Internet Companies (L04, CFA8) Given the information below for HooYah! Corporation, compute the expected share price at the end of 2017 using price ratio analysis. Assume that the historical average growth rates will remain the same for 2017. (Do not round Intermediate calculations. Round your answers to 2 decimal places. Exclude negative annual P/E and P/CFPS ratios from the average P/E and average P/CFPS ratio calculations. When computing annual growth rates, use a positive sign on the annual rate of change if the per share value Increased in value and use a negative sign on the annual rate of change if the per share value deceased in value.) kipped Year Price EPS CFPS SPS 2011 $ 9.00 -5.00 -10.00 6.00 2012 45.50 -4.29 -7.50 14.50 2013 117.00 -1.50 -2.50 18.60 2014 194.00 -0.53 -0.20 22.10 2015 $ 84.00 0.05 0.08 25.60 2016 $14.50 0.06 0.08 22.95 eBook Print ferences Share price Using P/E ratio Using PICF ratio Using P/S ratio Prev 29 of 100! Next >