Question
The current price of Parador Industries stock is $46 per share. Current sales per share are $22.30, the sales growth rate is 3 percent, and
The current price of Parador Industries stock is $46 per share. Current sales per share are $22.30, the sales growth rate is 3 percent, and Parador does not pay a dividend. The expected return on Parador stock is 14 percent.
a. Calculate the sales per share one year ahead. (Round your answer to 2 decimal places.) Sales per share:
b. Calculate the P/S ratio one year ahead. (Do not round intermediate calculations. Round your answer to 2 decimal places.) P/S ratio:
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Financial Performance
Authors: Marc Bertoneche, Rory Knight
1st Edition
0750640111, 978-0750640114
