See Table 2.5 showing financial statement data and stock price data for Mydeco Corp. a. Compute Mydeco's PE ratio each year from 2015 to 2019. In which year was it the highest? b. What was Mydeco's Enterprise Value to EBITDA ratio each year? In which year was it the highest? c. What might explain the differing time pattern of the two valuation ratios? a. Compute Mydeco's PE ratio each year from 2015 to 2019. Calculate the PE ratio for 2015-2019 below: (Round to two decimal places.) 20152019 Financial Statement Data and Stock Price Data for Mydeco Corp. \begin{tabular}{lrrrrr} Accounts Receivable & 88.6 & 69.8 & 69.8 & 76.9 & 86.1 \\ Inventory & 33.7 & 30.9 & 28.4 & 31.7 & 35.3 \\ \hline Total Current Assets & 171.1 & 169.6 & 184.5 & 186.1 & 206.4 \\ Net Property, Plant \& Equipment & 245.3 & 243.3 & 309.0 & 345.6 & 347.0 \\ Goodwill \& Intangibles & 361.7 & 361.7 & 361.7 & 361.7 & 361.7 \\ \hline Total Assets & 778.1 & 774.6 & 855.2 & 893.4 & 915.1 \\ Liabilities \& Stockholders' Equity & & & & & \\ Accounts Payable & 18.7 & 17.9 & 22.0 & 26.8 & 31.7 \\ Accrued Compensation & 6.7 & 6.4 & 7.0 & 8.1 & 9.7 \\ \hline Total Current Liabilities & 25.4 & 24.3 & 29.0 & 34.9 & 41.4 \\ Long-Term Debt & 500.0 & 500.0 & 575.0 & 600.0 & 600.0 \\ \hline Total Liabilities & 525.4 & 524.3 & 604.0 & 634.9 & 641.4 \\ Stockholders' Equity & 252.7 & 250.3 & 251.2 & 258.5 & 273.7 \\ \hline Total Liabilities \& Stockholders' Equity & 778.1 & 774.6 & 855.2 & 893.4 & 915.1 \\ Statement of Cash Flows & 2015 & 2016 & 2017 & 2018 & 2019 \\ \hline Net Income & 18.0 & 3.0 & 6.3 & 12.7 & 21.7 \\ Depreciation \& Amortization & 27.3 & 27.0 & 34.3 & 38.4 & 38.6 \\ Change in Accounts Receivable & 3.9 & 18.8 & 0.0 & (7.1) & (9.2) \\ Change in Inventory & (2.9) & 2.8 & 2.5 & (3.3) & (3.6) \\ Change in Pay. \& Accrued Comp. & 2.2 & (1.1) & 4.7 & 5.9 & 6.5 \\ \hline Cash from Operations & 48.5 & 50.5 & 47.8 & 46.6 & 54.0 \\ Capital Expenditures & (25.0) & (25.0) & (100.0) & (75.0) & (40.0) \\ \hline Cash from Investing Activ. & (25.0) & (25.0) & (100.0) & (75.0) & (40.0) \\ Dividends Paid & (5.4) & (5.4) & (5.4) & (5.4) & (6.5) \\ Sale (or Purchase) of Stock & & & & & \\ Debt Issuance (Pay Down) & & & 75.0 & 25.0 & \\ \hline Cash from Financing Activ. & (5.4) & (5.4) & 69.6 & 19.6 & (6.5) \\ Change in Cash & $7.12 & 20.1 & 17.4 & (8.8) & 7.5 \\ Mydeco Stock Price & $3.30 & $5.25 & $8.71 & $10.89 \end{tabular}