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Mega Brothers Corporation has restaurants in almost 100 countries while Fast Snack Company is a much newer fast-food restaurant company, with restaurants throughout the

 

Mega Brothers Corporation has restaurants in almost 100 countries while Fast Snack Company is a much newer fast-food restaurant company, with restaurants throughout the United States and in several countries. The following data were taken from the companies' December 31, 2019, annual reports. Net earnings (in thousands) Earnings per share The following data were taken from public stock-price quotes: Stock price per share on the day after each company's earnings were announced. Required a. Compute the price-earnings ratios for each company. b. Which company's future performance did the financial markets appear to be more optimistic about? Mega Brothers $ 6,030,400 $ 8.38 Fast Snack $ 20,187 $ 0.68 $ 216.68 $ 63.57 Complete this question by entering your answers in the tabs below. Required A Required B Compute the price-earnings ratios for each company. (Round your answers to the nearest whole number.) Price-earnings ratios Mega Brothers times Fast Snack times

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