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TwitterMe, Inc., is a new company and currently has negative earnings. The companys sales are $2.6 million and there are 142,000 shares outstanding. If the

TwitterMe, Inc., is a new company and currently has negative earnings. The companys sales are $2.6 million and there are 142,000 shares outstanding. If the benchmark pricesales ratio is 6.2, 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.)

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