Compary Detox, is a private compary that designs, manufactures and distributes certain consumer products. In this fiscal year, Detox had revenues of $31M and earnings of Decorary has tied a regration wement with the sector Po ir the industry average Mags ratio and Mweveres ratio for the recent focal year were 28.67 and 1.13 respectively. Estimate the IPO price for Dent Company using the Earnings ratio and suming that they wil sue 3 shares Quvon 13 Compary Detox, is a private compary that designs, manufactures and distributes certain consumer products. In this fiscal year, Detox had revenues of $31M and earnings of Decorary has tied a regration wement with the sector Po ir the industry average Mags ratio and Mweveres ratio for the recent focal year were 28.67 and 1.13 respectively. Estimate the IPO price for Dent Company using the Earnings ratio and suming that they wil sue 3 shares Quvon 13