Ingrid is considering using the existing cash at bank to fund the purchase of some shares and has identified two companies of interest: ABC Limited - share price AUD4.50 - projected earnings per share AUD0.45 - projected dividend per share AUD0.20 - average price earnings ratio for similar companies 8.5 to 1 XYZ Limited - share price AUD12.50 - projected earnings per share AUD1.50 - projected dividend per share AUD0.60 - average price earnings ratio for similar companies 10.5 to 1 Appraise these two companies and make a recommendation (make sure you state your reasons). (5 marks)