From the following information of two companies. Company Xy P/E ratio is 8. Company Xz P/E is 8. The sum total of the post tax earnings of the above mentioned companies are dollar 1378118. Assume the sales $3000000 Compute the market value of two companies. Answer:

Essentials Of Investments
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ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
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Chapter1: Investments: Background And Issues
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From the following information of two companies. Company
Xy P/E ratio is 8. Company Xz P/E is 8. The sum total of the post
tax earnings of the above mentioned companies are dollar
1378118. Assume the sales $3000000 Compute the market
value of two companies.
Answer:
Transcribed Image Text:From the following information of two companies. Company Xy P/E ratio is 8. Company Xz P/E is 8. The sum total of the post tax earnings of the above mentioned companies are dollar 1378118. Assume the sales $3000000 Compute the market value of two companies. Answer:
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