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You notice that Cocheco Sodas has a share price of $40.67 and EPS of $1.95. Its competitor Perce Soda has EPS of $3.81. Joliet, a
You notice that Cocheco Sodas has a share price of $40.67 and EPS of $1.95. Its competitor Perce Soda has EPS of $3.81. Joliet, a much smaller batch craft soda producer, has a P/E ratio of 38 . Based on this information, what is one estimate of the value of a share of Perce Soda stock? One share of Perce Soda stock is valued at \$ (Round to the nearest cent.)
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Advanced Accounting
Authors: Joe Hoyle, Thomas Schaefer, Timothy Doupnik
10th edition
0-07-794127-6, 978-0-07-79412, 978-0077431808
