Firm a has a price-to-sales ratio of 39-to-1 firm b has, Ask an Expert

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Firm A has a price-to-sales ratio of 3.9-to-1. Firm B has recently reported sales of $56 million. Firm B also has shares outstanding of 2,500,000. What is the price per share of Firm B, according to the comparable multiples approach?

A. $87.36

B. $61.88

C. $91.79

D. $51.79

E. $102.54

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92420953

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