Business, 05.11.2019 22:31 janeou17xn

Twitterme, inc., is a new company and currently has negative earnings. the company’s sales are $1,500,000 and there are 135,000 shares outstanding.
a. if the benchmark price-sales ratio for the company is 5.5, how much will you pay for the stock? (do not round intermediate calculations and round your answer to 2 decimal places, e. g., 32.16.)
b. if the benchmark price-sales ratio for the company is 4.9, how much will you pay for the stock?

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Twitterme, inc., is a new company and currently has negative earnings. the company’s sales are $1,50...

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