Question
TwitterMe, Inc., is a new company and currently has negative earnings. The companys sales are $2,600,000 and there are 240,000 shares outstanding. If the benchmark
TwitterMe, Inc., is a new company and currently has negative earnings. The companys sales are $2,600,000 and there are 240,000 shares outstanding.
If the benchmark pricesales ratio for the company is 4.8, how much will you pay for the stock? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) Current stock price $
If the benchmark pricesales ratio for the company is 4.2, how much will you pay for the stock? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) Current stock price
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