From the following information of three groceries stores, i.e. Best Foods Limited, Super Foods Limited, and Unique
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Question:
From the following information of three groceries stores, i.e. Best Foods Limited, Super Foods Limited, and Unique Foods Limited, compute the market value of the business.
Company and P/E Ratios are as follows:
Best Foods Limited: 10.8
Super Foods Limited: 9.9
Unique Foods Limited: 10.0
The sum total of the post-tax earnings of the above-mentioned companies is INR 10,00,000.
Related Book For
Intermediate Accounting
ISBN: 978-0324592375
17th Edition
Authors: James D. Stice, Earl K. Stice, Fred Skousen
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