Question: Selected data for Cole Company for 2014 and additional information

Selected data for Cole Company for 2014 and additional information on industry averages follow.


Industry averages
Earnings per share ....... $2.00
Price-earnings ratio ...... 8.00
Return on equity ........ 7.30%

Required
Round computations to two decimal points.
a. Calculate and compare Cole Company’s ratios with the industry averages.
b. Discuss factors you would consider in deciding whether to invest in thecompany.
View Solution:


Sale on SolutionInn
Sales0
Views144
Comments
  • CreatedFebruary 07, 2014
  • Files Included
Post your question
5000