Question: Using the information below, calculate the value of Flanigans Enterprises, Inc. as of the end of 1999 (3 points) 1999 2000 2001 2002 2003 EPS

Using the information below, calculate the value of Flanigans Enterprises, Inc. as of the end of 1999 (3 points)

1999

2000

2001

2002

2003

EPS

0.73

0.80

0.71

0.47

DPS

0.11

0.24

0.25

0.27

BPS

3.58

The cost of equity is 9%. EPS=Earnings per share; DPS=Dividends per share and BPS=book value of equity per share.

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