Jmega, Incorporated, is a new company and currently has negative earnings. The company's sales are $$1$ million and there are

$10,000$ shares outstanding.

If the benchmark price$-$sales ratio is $3\mathrm{.}0,$ what is your estimate of an appropriate stock price?

Note: Do not round intermediate calculations and round your answer to $2$ decimal places, e$.$g$.,32\mathrm{.}16.$

o$.$ What if the price$-$sales ratio were $2\mathrm{.}4?$

Note: Do not round intermediate calculations and round your answer to $2$ decimal places, e$.$g$.,32\mathrm{.}16.$

a$.$ Stock price at a price$-$sales of $3\mathrm{.}0$

b$.$ Stock price at a price$-$sales of $2\mathrm{.}4$

Jmega, Incorporated, is a new company and currently has negative earnings. The company's sales are $$1$ million and there are

$10,000$ shares outstanding.

If the benchmark price$-$sales ratio is $3\mathrm{.}0,$ what is your estimate of an appropriate stock price?

Note: Do not round intermediate calculations and round your answer to $2$ decimal places, e$.$g$.,32\mathrm{.}16.$

o$.$ What if the price$-$sales ratio were $2\mathrm{.}4?$

Note: Do not round intermediate calculations and round your answer to $2$ decimal places, e$.$g$.,32\mathrm{.}16.$

a$.$ Stock price at a price$-$sales of $3\mathrm{.}0$

b$.$ Stock price at a price$-$sales of $2\mathrm{.}4$

Jmega, Incorporated, is a new company and currently has negative earnings. The company's sales are $$1$ million and there are

$10,000$ shares outstanding.

If the benchmark price$-$sales ratio is $3\mathrm{.}0,$ what is your estimate of an appropriate stock price?

Note: Do not round intermediate calculations and round your answer to $2$ decimal places, e$.$g$.,32\mathrm{.}16.$

o$.$ What if the price$-$sales ratio were $2\mathrm{.}4?$

Note: Do not round intermediate calculations and round your answer to $2$ decimal places, e$.$g$.,32\mathrm{.}16.$

a$.$ Stock price at a price$-$sales of $3\mathrm{.}0$

b$.$ Stock price at a price$-$sales of $2\mathrm{.}4$