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Starbucks, a major seller of roasted coffees, currently has a market price of $22.15 per common share and a P/E ratio of 43. Diedrich Coffee,

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Starbucks, a major seller of roasted coffees, currently has a market price of $22.15 per common share and a P/E ratio of 43. Diedrich Coffee, a competitor to Starbucks, has a market price of $3.84 per share and a P/E ratio of 6. a. Calculate the earnings of both companies. b. Compare the earnings growth prospects of the two companies

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