Course Content / Module 15 / Mod 15 Homework Question 2 Incorrect Mark 0.00 out of...

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Course Content / Module 15 / Mod 15 Homework Question 2 Incorrect Mark 0.00 out of 5.00 Flag question Mod 15 Homework Determining ROE and Assessing Market Expectations The PB, trailing PE, and forward PE data follow for four companies. Determine the current ROE for each company. Note: ROE = PB/Trailing PE. Company Trailing PE Forward PE PB Apple (AAPL) 10.20 18.56 18.68 Micron Technology (MU) 1.54 5.76 17.17 PPG Industries (PPG) 5.55 23.48 19.05 Hershey (HSY) 19.26 26.63 26.75 Round answers to one decimal place (ex: 0.2345 = 23.5%) Company ROE Apple (AAPL) 0.55% X Micron Technology (MU) 0.3% x PPG Industries (PPG) Hershey (HSY) 0.24 % X 0.72% X Which company do you believe the market expects to have the highest future ROE? The market is most likely expecting future ROE to be highest for PPG Industries since it has the highest ROE.X The market is most likely expecting future ROE to be highest for Hershey since it has the highest PB ratio. Check Incorrect Screenshot Course Content / Module 15 / Mod 15 Homework Question 2 Incorrect Mark 0.00 out of 5.00 Flag question Mod 15 Homework Determining ROE and Assessing Market Expectations The PB, trailing PE, and forward PE data follow for four companies. Determine the current ROE for each company. Note: ROE = PB/Trailing PE. Company Trailing PE Forward PE PB Apple (AAPL) 10.20 18.56 18.68 Micron Technology (MU) 1.54 5.76 17.17 PPG Industries (PPG) 5.55 23.48 19.05 Hershey (HSY) 19.26 26.63 26.75 Round answers to one decimal place (ex: 0.2345 = 23.5%) Company ROE Apple (AAPL) 0.55% X Micron Technology (MU) 0.3% x PPG Industries (PPG) Hershey (HSY) 0.24 % X 0.72% X Which company do you believe the market expects to have the highest future ROE? The market is most likely expecting future ROE to be highest for PPG Industries since it has the highest ROE.X The market is most likely expecting future ROE to be highest for Hershey since it has the highest PB ratio. Check Incorrect Screenshot