11. Wortd Wide Web Wares (4W, for short) is an online retailer of small kitchen appliances and utensils. The rm has been around for a few years and has created a nice market niche for itself. In fact, it actually turned a prot last year, albeit a fairly small one. After doing some basic research on the oompany, you've decided to take a closer look. You plan to use the price-to-sales ratio to value the stock, and you have collected PIS multiples on the following Intemet retailer stocks: (Click on the icon located on the top-right corner of the data table below in order to copy its contents into a spreadsheet.) Really Cookingoom Fixtures & Applianoes Online Find the average P/S ratio for these three rms. Given that 4W is expected to generate $40 million in sales next year, and will have 10 million shares of stock outstanding, use the average PIS ratio you oomputed above to put a value on 4W3 stock. Review Only Click the icon to see the Worked Solution. The average PIS ratio for the 3 firms is . (Round to two decimal places.) The value of 4W's stock is $ . (Round to the nearest cent.) Answers 4.13 16.52