ketchen, inc. provides the following information for 2018: net income $290,000 market price per share of common stock $70 per share dividends paid $190,000 common stock outstanding at jan. 1, 2018 150,000 shares common stock outstanding at dec. 31, 2018 240,000 shares the company has no preferred stock outstanding. calculate the price/earnings ratio of common stock.

1. the political environment in india has proven to be critical to company performance for both pepsico and coca-cola india. what specific aspects of the political environment have played key roles? could these effects have been anticipated prior to market entry? if not, could developments in the political arena have been handled better by each company? 2. timing of entry into the indian market brought different results for pepsico and coca-cola india. what benefits or disadvantages accrued as a result of earlier or later market entry? 3. the indian market is enormous in terms of population and geography. how have the two companies responded to the sheer scale of operations in india in terms of product policies, promotional activities, pricing policies, and distribution arrangements? 4. “global localization” (glocalization) is a policy that both companies have implemented successfully. give examples for each company from the case.