Question
I have a homework question that says a new company and currently has negative earnings. The company's sales are $1.2 million and there are 130,000
I have a homework question that says a new company and currently has negative earnings. The company's sales are $1.2 million and there are 130,000 outstanding. If the benchmark price-sales ratio is 5.2, what is your estimate of an appropriate stock price? What if the price-sales ratio were 4.6?
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Financial Modeling
Authors: Simon Benninga
2nd Edition
0262024829, 9780262024822
