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TwitterMe Inc. is a new company and currently has negative earnings. The company's sales are $1.4million and there are 118,000 shares outstanding. If the benchmark
TwitterMe Inc. is a new company and currently has negative earnings. The company's sales are $1.4million and there are 118,000 shares outstanding.
If the benchmark price-sales ratio is 3.8, what is your estimate of an appropriate stock price?
What if the price-sales ratio were 3.2?
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