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Table 7 Comparables Company 1 21.00 7.4 2.5 Company 2 22.50 7.8 2.1 Company 3 18.50 6.6 2.7 P/E P/BV P/S High Tech EPS BV

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Table 7 Comparables Company 1 21.00 7.4 2.5 Company 2 22.50 7.8 2.1 Company 3 18.50 6.6 2.7 P/E P/BV P/S High Tech EPS BV per share Sales per share 2.00 10.10 15.00 39. Use comparables to estimate the stock price for High Tech. Table 7 displays the comparable valuation ratios and the financial data for High Tech. A. $91.44 B. $57.36 C. $50.41 D. $41.33 40. Use Table 7. Assume company 1 and company 3 are in the tech sector and company 2 is in the consumer staples sector. Value High Tech based on the comparables approach with this new information A. $39.50 B. $49.73 C. $50.41 D. $39.00

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