Given the information below for Seger Corporation, compute the expected share price at the end of 2022 using price ratio analysis. Assume that the historical (arithmetic) average growth rates will remain the same for 2022. Note: Do not round intermediate calculations. Round your answers to 2 decimal places. Year Price EPS CFPS SPS 2016 $.97.60 2.80 8.22 52.60 2017 2018 $ 103.50 $ 102.20 4.31 3.51 9.00 9.28 57.60 57.00 2019 $99.70 5.01 11.07 60.50 2020 $ 121.20 7.95 12.37 71.70 2021 $ 136.60 8.95 13.48 79.70

Cornerstones of Financial Accounting
4th Edition
ISBN:9781337690881
Author:Jay Rich, Jeff Jones
Publisher:Jay Rich, Jeff Jones
Chapter10: Stockholder's Equity
Section: Chapter Questions
Problem 88PSA: Ratio Analysis Consider the following information taken from the stockholders equity section: How do...
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Given the information below for Seger Corporation, compute the expected share price at the end of 2022 using price ratio analysis.
Assume that the historical (arithmetic) average growth rates will remain the same for 2022.
Note: Do not round intermediate calculations. Round your answers to 2 decimal places.
Year:
Price
EPS
CFPS
SPS
2016
$97.60
2.80
8.22
52.60
2017
$103.50
3.51
9.00
57.60
2018
$102.20
4.31
9.28
57.00
2019
$99.70
5.01
11.07
60.50
2020
$121.20
7.95
12.37
71.70
2021
$136.60
8.95
13.48
79.70
Transcribed Image Text:Given the information below for Seger Corporation, compute the expected share price at the end of 2022 using price ratio analysis. Assume that the historical (arithmetic) average growth rates will remain the same for 2022. Note: Do not round intermediate calculations. Round your answers to 2 decimal places. Year: Price EPS CFPS SPS 2016 $97.60 2.80 8.22 52.60 2017 $103.50 3.51 9.00 57.60 2018 $102.20 4.31 9.28 57.00 2019 $99.70 5.01 11.07 60.50 2020 $121.20 7.95 12.37 71.70 2021 $136.60 8.95 13.48 79.70
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