(Answered) Question - nova components is a manufacturer of computer

Accounting

Question - Nova Components is a manufacturer of computer parts. The company recently reported earnings of $2,417,762. In addition, Nova Components has 402,500 shares issued and outstanding. The company has a PE ratio of 24.6. Nova Components is part of the computer parts industry which has an industry PE ratio of 25.6.

Using industry information, estimate the intrinsic value of Nova Components' equity per share?

A. $64.08

B. $153.78

C. $128.15

D. $5.01

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