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The Satellite Shoppe has current sales per share of $8.40. The sales per share are expected to increase at an annual rate of 12%. The
The Satellite Shoppe has current sales per share of $8.40. The sales per share are expected to increase at an annual rate of 12%. The historical P/E ratio is 16.2 and the historical P/S ratio is 7.6. What is the expected price of this stock one year from now?
A) $66.67
B) $129
C) $59.72
D) $71.5
E) $115.18
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