11 6.66 Treynor Pie Company is a food company specializing in high-calorie snack foods. It is...
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11 6.66 Treynor Pie Company is a food company specializing in high-calorie snack foods. It is seeking to diversify its food business and lower its risks. It is examining three companies-a gourmet restaurant chain, a baby food company, and a nutritional products firm. Each of these companies can be bought at the same multiple of earnings. The following represents information about all the companies. points Correlation Company Pie Company with Treynor Sales ($ millions) Expected Earnings ($ millions) Standard Deviation in Earnings ($ millions) Treynor Pie Company +1.0 $ 121 $ 10 $ 4.0 eBook Gourmet restaurant +0.7 66 6 1.2 Baby food company +0.1 Nutritional products company -0.8 56 78 4 1.7 5 3.2 Hint a-1. Compute the coefficient of variation for each of the four companies. Print Note: Enter your answers in millions (e.g., $100,000 should be entered as "10"). Round your answers to 3 decimal places. Treynor Pie Company Gourmet restaurant Baby food company Nutritional products company Coefficient of Variation Check my work 11 6.66 Treynor Pie Company is a food company specializing in high-calorie snack foods. It is seeking to diversify its food business and lower its risks. It is examining three companies-a gourmet restaurant chain, a baby food company, and a nutritional products firm. Each of these companies can be bought at the same multiple of earnings. The following represents information about all the companies. points Correlation Company Pie Company with Treynor Sales ($ millions) Expected Earnings ($ millions) Standard Deviation in Earnings ($ millions) Treynor Pie Company +1.0 $ 121 $ 10 $ 4.0 eBook Gourmet restaurant +0.7 66 6 1.2 Baby food company +0.1 Nutritional products company -0.8 56 78 4 1.7 5 3.2 Hint a-1. Compute the coefficient of variation for each of the four companies. Print Note: Enter your answers in millions (e.g., $100,000 should be entered as "10"). Round your answers to 3 decimal places. Treynor Pie Company Gourmet restaurant Baby food company Nutritional products company Coefficient of Variation Check my work
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