For the same company, find the company’s reported annual earnings per share (EPS) on its income statement or within the earnings release. Next, visit a free investment website like Yahoo! Finance or...

For the same company, find the company’s reported annual earnings per share (EPS) on its income statement or within the earnings release. Next, visit a free investment website like Yahoo! Finance or Google Finance and look up the firm’s stock price. Use this stock price and the EPS figure to calculate the P/E ratio. The long-term average P/E ratio of the stock market is 16. Would you invest in this company’s stock? Why or why not?