Beta One Inc. is a pharmaceutical company heavily involved in research leading to the development of genealogy-based
Question:
Beta One Inc. is a pharmaceutical company heavily involved in research leading to the development of genealogy-based medicines. Although the company has several promising research studies in progress, it has brought only two viable products to market during the last decade. Earnings per share and market price per share data for the latest three years of operation follow.
Required:
a. Calculate the company’s annual growth rate in earnings per share from 2006 to 2007 and from 2007 to 2008.
b. Based on the data shown in Exhibit 2.9, identify the company as a high-, medium-, or low-growth company.
Data From Exhibit 2.9:-
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