On a particular date, FedEx has a stock price of $89.23 and an EPS of...

90.2K

Verified Solution

Question

Accounting

image
On a particular date, FedEx has a stock price of $89.23 and an EPS of $66. Its compestor, UPS, had an EPS of $0.31. What would be the expected price of UPS stock on this date, I estimated using the method of comparsbles? A. $9.22 B. $6.29 C. $8.38 D. $4.19

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students