Question

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.


$1.99
Sales0
Views105
Comments0
  • CreatedFebruary 07, 2014
  • Files Included
Post your question
5000