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Eugene wants to purchase a growth stock for his portfolio and has been comparing a number of companies in the biotech industry. One company has
Eugene wants to purchase a growth stock for his portfolio and has been comparing a number of companies in the biotech industry. One company has a current market price per share of $25 and sales per share of $1.25. Calculate the company's price-to-sales (P/S) ratio.
A)
40
B)
32
C)
20
D)
25
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