N 3125 X Ch.6 Homework Professionalization Report: X Professionalization Report: X Professionalization Report: X + newconnect.mheducation.com/flow/connect.html Homework i Saved Help Save & Exit Submit Check my work mode: This shows what is correct or incorrect for the work you have completed so far. It does not indicate completion. Return to question 1 Given the information below for HooYah! Corporation, compute the expected share price at the end of 2017 using price ratio analysis. Assume that the historical average growth rates will remain the same for 2017. (Do not round intermediate calculations. Round your answers to 2 decimal places. Exclude negative annual P/E and P/CFPS ratios from the average P/E and average P/CFPS ratio calculations. When computing annual growth rates, use a positive sign on the annual rate of change if the per share value increased in value and use a negative sign on the annual rate of change if the per share value deceased in value.) Year 2011 Price $ 8.00 EPS 2012 $ 44.50 -3.30 2013 $ 116.00 -1.80 2014 2015 $193.00 $ 83.00 2016 $ 13.50 -0.55 0.04 4.00 0.06 CFPS -6.50 -2.80 -0.25 0.03 0.08 9.00 SPS 5.00 13.50 18.10 20.30 23.80 21.95 Answer is complete but not entirely correct. Share price Using P/E ratio $ 5.44 Using P/CF ratio $ 223.29 Using P/S ratio $ 132.29 ere to search O ][ < Prev 11 of 13 Next > 8:58 PM 3/7/2020