On a Particular Date, FedEx Has a Stock Price of $89.27

question 13

Multiple Choice

On a particular date, FedEx has a stock price of $89.27 and an EPS of $7.11. Its competitor, UPS, had an EPS of $0.38. What would be the expected price of UPS stock on this date, if estimated using the method of comparables?

• A) $4.77
• B) $7.16
• C) $9.54
• D) $10.50

---

Definitions:

Store Supplies

Materials and items used in the daily operations of a store, which do not directly enter into the production of goods.

Accrued Rent Revenue

Income earned from rent that has been earned but not yet received during an accounting period.

Rent Receipt

A document that provides proof of payment made for renting a property, showing details like the amount paid, date, and the property address.

Adjustment Data

Information used to modify accounts in order to correct errors, update records, or make provisions for unrecorded transactions.