Use the Tables for the Question(s) Below

question 8

Multiple Choice

Use the tables for the question(s) below.
Estimated 2005 Income Statement and Balance Sheet Data for Ideko Corporation
The following are financial ratios for three comparable companies:

-Based upon the average P/E ratio of the comparable firms,Ideko's target market value of equity is closest to:

• A) $157 million
• B) $155 million
• C) $193 million
• D) $165 million
• E) $191 million

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Definitions:

Cheerfulness

A state of being noticeably happy and optimistic.

Big Five Trait

Components of a personality theory that outlines five broad dimensions of human personality: openness, conscientiousness, extraversion, agreeableness, and neuroticism.

Traits

Enduring personal qualities or attributes that influence behavior, thoughts, and emotions.

Achievement-Striving

A personality trait characterized by a strong desire to accomplish significant tasks and meet high standards of performance.