WEB EXERCISE The purpose of this web exercise is to give you an opportunity to apply the knowledge leared in chapter 10. To complete the exercise, you will need to follow the followings steps (as outlined below) 1. When the price of oil fell in 2014 and 2015, ExxonMobil's stock price dropped in expectation that earnings would also eventually fall. The PlE ratio was below 10 for some time. Go to finance.yahoo.com and type "XOM" into the "Quote Lookup box Scroll down and click on "ExxonMobil Corporation." Click on "Profile and write a one paragraph description of the company's activities. Return to the summary page and write down the company's P/E ratio. Is it still relatively low (under 15)? b. Compare ExxonMobil to others in the industry (Chevron, BP, etc.) based on the P/E ratio and the PEG ratio (the PlE ratio divided by annual growth) 2. Go back to the summary page is the stock up or down from the prior day? (See the number in parentheses next to the share price.) 3. Click on the "Analysts heading. What are the Average Earnings Estimate, Low Earnings Estimate, and High Earnings Estimate? How many analysts follow earnings? Specifications . Post your opening response to the question early in the assignment period so that others have time to respond to you. For a top score, you must post your initial response and respond constructively to at least two other students For more information about how to participate effectively in a discussion forum, please view the directions in assignments completion guide in the syllabus M027 WEB EXERCISE The purpose of this web exercise is to give you an opportunity to apply the knowledge leared in chapter 10. To complete the exercise, you will need to follow the followings steps (as outlined below) 1. When the price of oil fell in 2014 and 2015, ExxonMobil's stock price dropped in expectation that earnings would also eventually fall. The PlE ratio was below 10 for some time. Go to finance.yahoo.com and type "XOM" into the "Quote Lookup box Scroll down and click on "ExxonMobil Corporation." Click on "Profile and write a one paragraph description of the company's activities. Return to the summary page and write down the company's P/E ratio. Is it still relatively low (under 15)? b. Compare ExxonMobil to others in the industry (Chevron, BP, etc.) based on the P/E ratio and the PEG ratio (the PlE ratio divided by annual growth) 2. Go back to the summary page is the stock up or down from the prior day? (See the number in parentheses next to the share price.) 3. Click on the "Analysts heading. What are the Average Earnings Estimate, Low Earnings Estimate, and High Earnings Estimate? How many analysts follow earnings? Specifications . Post your opening response to the question early in the assignment period so that others have time to respond to you. For a top score, you must post your initial response and respond constructively to at least two other students For more information about how to participate effectively in a discussion forum, please view the directions in assignments completion guide in the syllabus M027