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Ragan, Inc., Competitors Arctic Cooling, Inc. National Heating & Cooling Expert HVAC Corp. Industry Average R $14.18 10.00% 10.00% 11.87 13.00 13.00 13.21 14.00 12.00

Ragan, Inc., Competitors Arctic Cooling, Inc. National Heating & Cooling Expert HVAC Corp. Industry Average R $14.18 10.00% 10.00% 11.87 13.00 13.00 13.21 14.00 12.00 $13.09 12.33% 11.67% T:00 EPS DPS Stock Price ROE $.81 $.20 1.38 .62 -.46 .38 $.58 $.40 Page 277 QUESTIONS 1. Assuming the company continues its current growth rate, what is the value per share of the company's stock? 2. To verify their calculations, Carrington and Genevieve have hired Josh Schlessman as a consultant. Josh was previously an equity analyst and covered the HVAC industry. Josh has examined the company's financial statements, as well as its competitors' financials. Although Ragan, Inc., currently has a technological advantage, his research indicates that other companies are investigating methods to improve efficiency. Given this, Josh believes that the company's technological advantage will last only for the next five years. After that period, the company's growth will likely slow to the industry growth average. Additionally, Josh b

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