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The Ronnie Company has sales per share $26.03. If the PS ratio is 2.11 times, what is the stock price? A) $12.35 B) $48.01 C)

The Ronnie Company has sales per share $26.03. If the PS ratio is 2.11 times, what is the stock price?
A) $12.35
B) $48.01
C) $58.53
D) $54.92
E) $11.85
image text in transcribed
The Ronnie Company has sales per share of $26.03. If the PS ratio is 211 times, what is the stock price? Multiple Choice $1235 $48.01 $58.53 $5492 $11.85 The Ronnie Company has sales per share of $26.03. If the PS ratio is 211 times, what is the stock price? Multiple Choice $1235 $48.01 $58.53 $5492 $11.85

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