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TwitterMe, Inc., is a new company and currently has negative earnings. The companys sales are $1,700,000 and there are 145,000 shares outstanding. a. If the

TwitterMe, Inc., is a new company and currently has negative earnings. The companys sales are $1,700,000 and there are 145,000 shares outstanding.

a. If the benchmark price-sales ratio for the company is 5.7, how much will you pay for the stock? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)

b. If the benchmark price-sales ratio for the company is 5.1, how much will you pay for the stock? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)

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TwitterMe, Inc., is a new company and currently has negative earnings. The companys sales are $1,700,000 and there are 145,000 shares outstanding.

a.	If the benchmark price-sales ratio for the company is 5.7, how much will you pay for the stock? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)
b.	If the benchmark price-sales ratio for the company is 5.1, how much will you pay for the stock? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)