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Treynor Pie Company is a food company specializing in high-calorie snack foods. It is seeking to diversify its food business and lower its risks. It

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Treynor Pie Company is a food company specializing in high-calorie snack foods. It is seeking to diversify its food business and lower its risks. It is examining three companies a gourmet restaurant chain, a baby food company, and a nutritional products firm. Each of these companies can be bought at the same multiple of earnings. The following represents information about all the companies. Correlation with Treynor Pie Company + 1.0 +0.4 + 0.3 0.5 Expected Earnings (5 millions) $ 8 Company Treynor Pie Company Gourmet restaurant Baby food company Nutritional products company Sales ($ millions) $ 169 63 57 76 Standard Deviation in Earnings (5 millions) $ 2.0 1.4 1.6 3.3 a-1. Compute the coefficient of variation for each of the four companies (Enter your answers in millions (e.g., 5100,000 should be entered as "10"). Round your answers to 3 decimal places.) Coefficient of Variation Treynor Ple Company Gourmet restaurant Baby food company Nutritional products company

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