Question: Application Problem 12-11A a1, bi, c1 (Part Level Submission) (Equity analysis ratios) Two companies in the transportation industry had the following information: Basic earnings per

Application Problem 12-11A a1, bi, c1 (Part Level Submission) (Equity analysis ratios) Two companies in the transportation industry had the following information: Basic earnings per share Market price per share Dividends per share Cash flows from operating activities ($ thousands) Net capital expenditures ($ thousands) Company 1 Company 2 $0.81 $0.72 $12.66 $26.54 $0.433 $0.576 $61,351 $242,113 $6,198 $73,927 (al) Calculate the P/E ratios for both companies. (Round answers to 1 decimal place, e.g. 18.4.) Company 1 Company 2 Price-earnings ratio times times
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