Our Space is a social media site that is growing in popularity. The firm has been around for a few years and has created a nice market niche for itself. In fact, it actually turned a profit last year, albeit a fairly small one. After doing some basic research on the company, you've decided to take a closer look. You plan to use the price-to-sales ratio to value the stock, and you have collected PiS multiples on the following social media companios: Find the average P/S ratio for these three firms. Given that Our Space is expected to generate $36 million in sales next year and will have 8 million shares of stock outstanding, use the average P/S ratio you computed above to put a value on Our Space's stock The average PiS ratio for the 3 firms is I. (Round to two decimal places.) Enter your answer in the answer box and then click Check Answer 1 pan remaining Clear All Check Awe Type here to search BE 922 PM 11/18/2020 2 3 4 5 6 7 8 E you have collected P/S multiples to generate $36 million in sales next year and will have 8 million shares of stock outstandi Snace's stock Data Table - X in order to copy the contents of the data able below (Click on the icon here into a spreadsheet.) Company Facebook Snap Twitter P/S Multiples 13.18 18.42 12.98 wer bol Print Done o E FO G home F8 prt sc F10 59 5 6 7 8 9 0 R T Y 5 0 6