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Company B , is a private company that designs, manufactures and distributes certain consumer products. In this fiscal year, Company B had revenues of $
"Company B is a private company that designs, manufactures and distributes certain consumer products. In this fiscal year, Company B had revenues of $ Millions of USDs and earnings of $ of Millions of USDs. Company B has filed a registration statement with the SEC for its IPO. If the industry average PriceEarnings ratio and PriceRevenues ratio for the recent fiscal year were and respectively. Estimate the IPO price for Company B using the PriceRevenues ratio and assuming that they will issue Million shares."
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