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The Ronnie Company has sales per share of $25.40. If the PS ratio is 1.5 times, what is the stock price? Multiple Choice $16.27 $40.61

The Ronnie Company has sales per share of $25.40. If the PS ratio is 1.5 times, what is the stock price? Multiple Choice $16.27 $40.61 $33.32 $16.94 $38.10

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