Question
A company currently has negative earnings. The companys sales are $2.7 million and there are 0.13 million shares outstanding. If the benchmark price-sales ratio is
A company currently has negative earnings. The companys sales are $2.7 million and there are 0.13 million shares outstanding. If the benchmark price-sales ratio is 4.3, what is your estimate of an appropriate stock price?
Group of answer choices
A. $8.93
B. $89.31
C. $20.77
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Accounting Comes Alive The Color Accounting Parable
Authors: Mark Robilliard ,Peter Frampton, Chang Chang, Mark Morrow, John Gorman
1st Edition
1450769608, 978-1450769600
