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Mega Brothers Corporation has restaurants in almost 1 0 0 countries while Fast Snack Company is a much newer fast - food restaurant company, with
Mega Brothers Corporation has restaurants in almost countries while Fast Snack Company is a much newer fastfood restaurant company, with restaurants throughout the United States and in several countries. The following data were taken from the companies' December annual reports.
Net earnings in thousands
Earnings per share
The following data were taken from public stockprice quotes:
Stock price per share on the day after each company's earnings were announced.
Required
a Compute the priceearnings ratios for each company.
b Which company's future performance did the financial markets appear to be more optimistic about?
Complete this question by entering your answers in the tabs below.
Required
Required B
Compute the priceearnings ratios for each company. Round your answers to the nearest whole number.
tableMega Brothers,Fast SnackPriceearnings ratios,times,times
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