World Wide Web Wares (4W, for short) is an online retailer of small kitchen appliances and utensis. The firm has been around for a few years and has created a nice market niche for itself. In fact, it actually turned a profit last year, albeit a fairly small one. After doing some basic research on the company, you've decided to take a closer look. You plan to use the price-to-sales ratio to value the stock, and you have collected P/S multiples on the following Internet retailer stocks: m. Find the averago P/S ratio for these three firms. Given that 4W is expected to generate $37 million in sales next year and will have 14 million shares of stock outstanding, use the average P/S ratio you computed above to put a value on 4W's stock. The average P/S ratio for the 3 firms is 4.26. (Round to two decimal places.) The value of 4W's stock is $ . (Round to the nearest cont.) * Data Table (Click on the loon located on the top right corner of the data table below in order to copy its contents into a spreadsheet.) Company L P S Multiples Amazing.com Foxtures & Appliances Online Really cooking.com che Enter your answer in the answer box and then click Check Answer Check Answer All parts showing