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Business, 22.04.2020 00:30 illl6266

Two online magazine companies reported the following in their financial statements: BetterWorth Outdoor Fun 2018 2017 2018 2017 Net income $ 111,000 $ 108,804 $ 92,420 $ 172,373 Total stockholders' equity 597,186 522,814 457,151 477,049 Earnings per share 3.40 3.39 2.30 4.18 Stock price when annual results reported 54.90 51.54 33.05 60.20 Required: 1-a. Compute the 2018 ROE for each company. 1-b. Which company appears to generate greater returns on stockholders’ equity in 2018? 2-a. Compute the 2018 P/E ratio for each company. 2-b. Which company do investors appear to value more?

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Two online magazine companies reported the following in their financial statements: BetterWorth Outd...
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