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TwitterMe, Inc., is a new company and currently has negative earnings. The company's sales are $ 2 . 7 million and there are 1 3
TwitterMe, Inc., is a new company and currently has negative earnings. The company's sales are $ million and there are shares outstanding. If the benchmark pricesales ratio is what is your estimate of an appropriate stock price? What if the pricesales ratio were
Sales
Shares outstanding
Benchmark PS
$
Benchmark PS
Complete the following analysis. Do not hard code values in your calculations.
Sales per share
Stock price at pricesales ratio of
Stock price at pricesales ratio of
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