You are asked to value gamecocks inc. using the relative valuation method. gamecocks inc.'s earnings forecast for next year (eps (next year)) is $2.44. the valuation and earnings of comparable companies are provided below. what is your estimate for the company's stock price? round to one decimal place. [hint: compute the corresponding valuation multiple of the comparables and take simple average across the three comparable companies. then apply this average multiple to gamecocks inc.]

Ardmore farm and seed has an inventory dilemma. they have been selling a brand of very popular insect spray for the past year. they have never really analyzed the costs incurred from ordering and holding the inventory and currently fave a large stock of the insecticide in the warehouse. they estimate that it costs $25 to place an order, and it costs $0.25 per gallon to hold the spray. the annual requirements total 80,000 gallons for a 365 day year. a. assuming that 10,000 gallons are ordered each time an order is placed, estimate the annual inventory costs. b. calculate the eoq. c. given the eoq calculated in part b., how many orders should be placed and what is the average inventory balance? d. if it takes seven days to receive an order from suppliers, at what inventory level should ardmore place another order?