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

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