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Stock Valuation and PS [LO2] TwitterMe, Inc., is a new company and currently has negative earnings. The company's sales are $2.7 million and there are

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Stock Valuation and PS [LO2] TwitterMe, Inc., is a new company and currently has negative earnings. The company's sales are $2.7 million and there are 130,000 shares outstanding. If the benchmark price-sales ratio is 4.3, what is your estimate of an appropriate stock price? What if the price-sales ratio were 3.6? 13. 14. Stock Valuation [LO1] Bayou Okra Farms just paid a dividend of $2.65 on its stock. The growth rate in dividends is expected to be a constant 4.5 percent per year indefinitely. Investors require a return of 15 percent for the first three years, a return of 13 percent for the next three years, and a return of 11 percent thereafter. What is the current share price

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