See Table 2.5 showing financial statement data and stock price data for Mydeco Corp.
a. Compute Mydeco€™s PE ratio each year from 2009 to 2013. In which year was it the highest?
b. What was Mydeco€™s Enterprise Value to EBITDA ratio each year? In which year was it the highest?
c. What might explain the differing time pattern of the two valuation ratios?

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TABLE 2.5 2009-2013 Financial Statement Data and Stock Price Data for Mydeco Corp Mydeco Corp. 2009-2013 Statement of Cash Flows Net Income Depreciation & Amortization Chg. in Accounts Receivable Chg. in Inventory Chg. in Payables & Accrued Com (All data as of fiscal year end; in S million) 2009 18.0 27.3 2010 3.0 27.0 18.8 2.8 2011 2012 12.7 38.4 2013 21.7 38.6 6.3 34.3 (0.0) 2.5 4.7 47.8 (25.0) (25.0 (100.0) (75.0) 40.0) (25.0) (25.0 (100.0 (75.0) 40.0) (5.4) (2.9) 2.2 48.5 (3.3) 5.9 46.6 3.6) 6.5 54.0 Cash from Operations Capital Expenditures 50.5 Dividends Paid Sale (or purchase) of stock (5.4) (5.4) (5.4) 6.5) Cash from Financing Activities Change in Cash Mydeco Stock Price 75.0 69.6 17.4 $7.92 $3.30 $5.25 $8.71 $10.89 25.0 19.6 (8.8) (5.4) 18.1 (5.4) 20.1 (6.5) 7.5