TwitterMe, Inc., is a new company and currently has negative earnings. The company's sales are $1.2 million and there are 114,000 shares outstanding.<\/p>
<\/p>
If the benchmark price-sales ratio is 3.4, what is your estimate of an appropriate stock price?(Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)<\/strong><\/p> <\/p> Stock price$<\/p> <\/p> What if the price-sales ratio were 2.9?(Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)<\/strong><\/p> <\/p> Stock price$<\/p>",
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"related_book": {
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"edition": "9th edition",
"authors": "Dale Varberg, Edwin J. Purcell, Steven E. Rigdon",
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