stv 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.) Year Price per Share Earnings per Share PE Ratio 69 59 2015 Income Statement Revenue Cost of Goods Sold Gross Profit Sales and Marketing Administration Depreciation & Amortization EBIT Interest Income (Expense) Pretax Income Income Tax Net Income Shares Outstanding (millions) Earnings per Share Balance Sheet Assets Cash 2015-2019 Financial Statement Data and Stock Price Data for Mydeco Corp. (All data as of fiscal year end; in $ millions) 2015 2016 2017 Accounts Receivable Inventory Total Current Assets Net Property, Plant & Equipment Goodwill & Intangibles Total Assets Liabilities & Stockholders' Equity Accounts Payable Accrued Compensation Total Current Liabilities Long-Term Debt Total Liabilities Stockholders' Equity Total Liabilities & Stockholders' Equity Statement of Cash Flows Net Income Depreciation & Amortization Change in Accounts Receivable Change in Inventory Change in Pay. & Accrued Comp Cash from Operations Capital Expenditures Cash from Investing Activ Dividends Paid Sale (or Purchase) of Stock Debt Issuance (Pay Down) Cash from Financing Activ Change in Cash Mydeco Stock Price https:/ 404.3 (188.3) 216.0 (66.7) (60.6) (27.3) 61.4 (33.7) 27.7 (9.7) 18.0 55 $0.33 2015 48.8 88.6 33.7 171.1 245.3 361.7 778.1 18.7 6.7 25.4 500.0 2015 525.4 252.7 778.1 18.0 27.3 3.9 (2.9) 2.2 48.5 (25.0) (25.0) (5.4) (5.4) 18.1 $7.92 363.8 (173.8) 190.0 (66.4) (59.1) (27.0) 37.5 (32.9) 4.6 (1.6) 3.0 55 $0.05 2016 68.9 69.8 30.9 169.6 243.3 361.7 774.6 17.9 6.4 24.3 500.0 2016 524.3 250.3 774.6 3.0 27.0 18.8 2.8 (1.1) 50.5 (25.0) (25.0) (5.4) (5.4) 20:4 $3.30 PlayerHomework.pwokld-591071742&getid-157 424.6 (206.2) 218.4 2017 2017 (82.8) (59.4) (34.3) 41.9 (32.2) 9.7 (3.4) 6.3 55 $0.11 86.3 69.8 28.4 184.5 309.0 361.7 855.2 22.0 7.0 29.0 575.0 604.0 251.2 855.2 6.3 34.3 0.0 2.5 4.7 47.8 (100.0) (100.0) (5.4) 75.0 69.6 17.4 $5.25 2018 510.7 (246.8) 263.9 (102.1) (66.4) (38.4) 57.0 (37.4) 19.6 (6.9) 12.7 55 $0.23 2018 2018 77.5 76.9 31.7 186.1 345.6 361.7 893.4 26.8 8.1 34.9 600.0 634.9 258.5 893.4 12.7 38.4 (7.1) (3.3) 5.9 46.6 (75.0) (75.0) (5.4) 25.0 19,6 (8.8) $8.71 2019 604.1 (293.4) 310.7 (120.8) (78.5) (38.6) 72.8 2019 (39.4) 33.4 (11.7) 21,7 55 $0.39 2019 85.0 86.1 35.3 206.4 347.0 361.7 915.1 31.7 9.7 41.4 600.0 641.4 273.7 915.1 21.7 38.6 (9.2) (3.6) 6.5 54.0 (40.0) (40.0) (6.5) (8.5) 7.5 $10.89