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How do you get the percents off to the right side? (ex. 28.66%, 87.87%, 197.30%) (3) Precision Car Parts (PCP) has a book value of
How do you get the percents off to the right side? (ex. 28.66%, 87.87%, 197.30%)
(3) Precision Car Parts (PCP) has a book value of equity of $12,000 and 10,000 shares outstanding. U below information on similar firms to estimate the value of one share of PCP. \begin{tabular}{|l|l|l|l|} \hline Company & MV equity & Book value & MV \% higher tha n Book value \\ \hline Alco & $13,637 & $10,599 & 28.66% \\ \hline LISI & $1,332 & $709 & 87.87% \\ \hline ThyssenKrupp & $9,460 & $3,182 & 197.30% \\ \hline Allegheny Techn ologies & $1,804 & $2,598 & 30.56% \\ \hline Carpenter Techn ology & $1,627 & $1,326 & 22.70% \\ \hline & & Average & 61.19% \\ \hline \end{tabular}Step by Step Solution
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