You have been asked to value an international company, Spectre Inc., which provides various types of consulting services. The startups Sales for the current year are $23 million, and its Cost of goods sold is $19 million. The owner of the company, Mr. E. Blofeld, wants to sell to the highest bidder. Given the data on comparable firms below, find the value of Spectre Inc. (4 points)

Sales ($mil.) 23 Price per Shares outstanding share (mil.) Company Spectre Cost of goods sold (mill.) 19 Comparable1 Comparable2 Comparable3 Comparable4 Comparable5 34 19 27 14 21 20 16 7 10 27 17 30 11 32 20 14 18 16 20 25