P7-19 Valuation with price/earnings multiples: For each of the firms shown in the following table, use the data given to estimate its common stock value employing price/earnings (P/E) multiples. Firm A Expected EPS $3.00 Price/earnings multiple 6.2 Firm B Expected EPS $4.50 Price/earnings multiple 10.0 Firm C Expected EPS $1.80 Price/earnings multiple 12.6 Firm D Expected EPS $2.40 Price/earnings multiple 8.9 Firm E Expected EPS $5.10 Price/earnings multiple 15.0