Question
TwitterMe, Inc., is a new company and currently has negative earnings. The company's sales are $2.1 million and there are 132,000 shares outstanding. If the
TwitterMe, Inc., is a new company and currently has negative earnings. The company's sales are $2.1 million and there are 132,000 shares outstanding.
If the benchmark price-sales ratio is 5.2, what is your estimate of an appropriate stock price?
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Fundamentals of Investments, Valuation and Management
Authors: Bradford Jordan, Thomas Miller, Steve Dolvin
8th edition
1259720697, 1259720691, 1260109437, 9781260109436, 978-1259720697
