Question
TwitterMe, Inc., is a new company and currently has negative earnings. The companys sales are $2,500,000 and there are 210,000 shares outstanding. If the benchmark
TwitterMe, Inc., is a new company and currently has negative earnings. The companys sales are $2,500,000 and there are 210,000 shares outstanding. If the benchmark price-sales ratio for the company is 5.7, how much will you pay for the stock? If the benchmark price-sales ratio for the company is 5.1, how much will you pay for the stock?
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Handbook Of Financial Intermediation And Banking
Authors: Anjan V. Thakor, Arnoud Boot
1st Edition
0444515585, 978-0444515582
