Problem 8-13 Stock Valuation and PS (LO2) TwitterMe, Inc., is a new company and currently has negative earnings. The company's sales are $2 million and there are 130,000 shares outstanding. a. If the benchmark price-sales ratio is 50, what is your estimate of an appropriate stock price? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) b. What if the price-sales ratio were 4.4? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) DS a. Stock price at a price-sales of 5.0 b. Stock price at a price-sales of 4.4