Estimates of selected post-investment values for three independent investment projects are as follows:
Project 1 Sales: $350 million Earnings per share: $1.70 P/E ratio: 16.0
Project 2 Sales: $300 million Earnings per share: $1.60 P/E ratio: 17.5
Project 3 Sales: $250 million Earnings per share: $1.50 P/E ratio: 19.0
Which project or projects should the firm select?
This question belongs to finance and discusses about post-investment values for three independent investment projects and to select best projects among them.
Total word count: 25
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