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An analyst has determined that a firm has A payout ratio of 75% A return on equity (ROE) of 18% An earnings per share (EPS)

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An analyst has determined that a firm has A payout ratio of 75% A return on equity (ROE) of 18% An earnings per share (EPS) of $5.35 Sales per share of $342 Expected earnings/ dividends/sales growth of 4.5% Shareholders required retum of 15% The firm's justified price-to-sales ratio (P/S) multiple based on the above fundamentals is closest to: Select one O a 0.471 O b.0.116 c. 0.302 O d. 0.231

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