Question: ANSWER NOT BY EXCEL PLEASE, THEY NEED THE EXPLAIN. THANKS SO MUCH. 4. Answer all parts a. Explain the roles of financial statement information in
ANSWER NOT BY EXCEL PLEASE, THEY NEED THE EXPLAIN. THANKS SO MUCH.


4. Answer all parts a. Explain the roles of financial statement information in equity valuation. (5 marks) b. Critically explain advantages of residual earnings model in equity valuation. Define the concept of residual earnings as part of your answer. (5 marks) c. The following provides Bookface's earnings per share (EPS) and dividends per share (DPS) for the years 2014 - 2017. Suppose these numbers were given to you at the end of 2014, as forecasts, when the book value per share (BPS) was 8.55 EPS DPS 2015E 2.15 0.05 2016E 2.220.05 2017E 2.61 0.05 2018E2.96 0.05
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