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Given the following actual information, what is the Justified Price to Sales ratio? Financial Statements Forecast - Steed & Co. 2018 2019 Sales $1,310,400 $1,375,920

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Given the following actual information, what is the Justified Price to Sales ratio? Financial Statements Forecast - Steed & Co. 2018 2019 Sales $1,310,400 $1,375,920 EBIT 75,600 84,381 Net Income 52,920 59,066 Dividends 26,460 29,533 Total Assets 1,387,744 1,457,131 Total Equity 693,872 728,566 KWACC 6% 10% Ke O 0.376 O 0.215 O 0.361 O 0.392

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