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Our Space is a social media ste that is grewing in popolarity. The firm has been around for a few years and has created a

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Our Space is a social media ste that is grewing in popolarity. The firm has been around for a few years and has created a nice markol niche for itselt. In fact. it actuaily fumed a profit last year, albeit a fairly small one. After doing some basic research on the company, you've docided to take a closor look. You plan to use the price-to-sales ratio to value the stock, and you have collected P/S multiples on the following social media corrpanies: firms. Given that Our Space is expected to generate $39 million in sales next year and will have 9 million shares of stock outstanding. use the average PiS ratio you computed above to put a value on Dur Space's stock. The average PIS ratio for the 3 firms is (Round to two decimal places.) The value of Our Spaco's stock is 3 (Round to the noarest cent.) n the icon here in order to copy the contents of the data table preadsheet.)

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