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e education.com GO 17 . Tunc sh C D E el De tot Using the pace 7 FILE HOME INSERT PAGE LAYOUT FORMULAS DATA REVIEW

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e education.com GO 17 . Tunc sh C D E el De tot Using the pace 7 FILE HOME INSERT PAGE LAYOUT FORMULAS DATA REVIEW VIEW Sign In Anal A A %6 BIU- A- Cells Editing Alignment Number Conditional Formatas Cell Formatting Table Styles Styles lipboard Font 014 w X B D G H 3 TwitterMe, Inc. is a new company and currently has negative earnings. The company's sales are $2.7 million and there are 130,000 shares outstanding. If the benchmark price-sales ratio is 4.3, what is your estimate of an appropriate stock price? What if the price-sales ratio were 3.67 $ Sales Shares outstanding Benchmark PS Benchmark PS 2,700,000 130.000 4.3 3.6 4 5 6 7 8 9 10 11 12 13 14 15 Complete the following analysis. Do not hard code values in your calculations. Sales per share 16 Stock price at price-sales ratio of 4.3 17 18 Stock price at price-sales ratio of 3.6 19 20 21 Sheet1 READY 1004 Hint Attempt(a) 10/10

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