Question
TwitterMe, Inc., is a new company and currently has negative earnings. The companys sales are $1.9 million and there are 128,000 shares outstanding. If the
TwitterMe, Inc., is a new company and currently has negative earnings. The companys sales are $1.9 million and there are 128,000 shares outstanding. If the benchmark pricesales ratio is 4.8, what is your estimate of an appropriate stock price? What if the pricesales ratio were 4.2?
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started
Machine Learning In Finance From Theory To Practice
Authors: Matthew F Dixon, Igor Halperin, Paul Bilokon
1st Edition
3030410676, 978-3030410674
