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A firm had sales of $450 million, a net loss of $10 million (EPS = -$0.20 per share). Assuming a price/sales (P/S) ratio of 2.4
A firm had sales of $450 million, a net loss of $10 million (EPS = -$0.20 per share). Assuming a price/sales (P/S) ratio of 2.4 and a P/E ratio of 18, which is the most likely value of the company's shares
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Cases in Financial Reporting
Authors: Michael J. Sandretto
1st edition
538476796, 978-0538476799
