Question
The current price of digital X Industries stock is $44 per share. Current sales per share are $21.35, the sales growth rate is 4 percent,
The current price of digital X Industries stock is $44 per share. Current sales per share are $21.35, the sales growth rate is 4 percent, and does not pay a dividend. The expected return on Digital X stock is 13 percent.
Calculate the sales per share one year ahead.
Calculate the P/S ratio one year ahead.
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Advanced Accounting And Auditing Theory And Practice
Authors: Prof. R.B. Patel
1st Edition
8188730882, 978-8188730889
