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TwitterMe, Inc., is a new company and currently has negative earnings. The company's sales are $1.7 million and there are 124,000 shares outstanding

A) If the benchmark price-sales ratio is 4.4, what is your estimate of an appropriate stock price?

B) What if the price-sales ratio were 4?

Financial Management, Finance

  • Category:- Financial Management
  • Reference No.:- M92870383

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