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Z Space, Inc., is a new company and currently has negative earnings. The company s sales are $ 2 . 7 million and there are

Z Space, Inc., is a new company and currently hasnegative earnings. The companys sales are $2.7 million and there are 175,000 sharesoutstanding. If the benchmark price-sales ratio is 4.3, what is your estimate of anappropriate stock price? What if the price-sales ratio were 3.6?
Input area:
Sales $2,700,000
Shares outstanding 175,000
Benchmark PS 4.3
Benchmark PS 3.6
(Use cells A6 to B9 from the given information to complete this question.)
Output area:
Sales per share
Stock price at PS of 4.3
Stock price at PS of 3.6

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