Use the tables for the question(s) below.

The following are financial ratios for three comparable companies:

-Based upon the average P/E ratio of the comparable firms,Ideko's target market value of equity is closest to:
A)$157 million.
B)$155 million.
C)$193 million.
D)$164 million.

Question

Use the tables for the question(s) below.

The following are financial ratios for three comparable companies:

-Based upon the average P/E ratio of the comparable firms,Ideko's target market value of equity is closest to:
A)$157 million. 
B)$155 million. 
C)$193 million. 
D)$164 million.

Quizplus · Accepted Answer

The Answer is D

Use the Tables for the Question(s) Below