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help with the following 20-20 Smith Co. is a firm specializing in financial advice for retired individuals. After some analysis, you have determined that an

help with the following

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20-20 Smith Co. is a firm specializing in financial advice for retired individuals. After some analysis, you have determined that an earnings multiplier of 7 is appropriate for this type of business. Smith's most recent earnings totaled $250,000, and earnings per share was $4.50. What is the value of the firm based on the earnings multiplier?20-23 Tinsley Inc. is an industry-leading cardboard manufacturer. You have been asked to determine a market value for the firm's equity. The firm has 100,000 shares outstanding, earnings per share of $2.50 last year, and a stock price of $25. What is the market value

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