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Z Space, Incorporated, is a new company and currently has negative earnings. The company's sales are $ 1 . 3 million and there are 1

Z Space, Incorporated, is a new company and currently has negative earnings. The company's sales are $1.3 million and there are
135,000 shares outstanding.
a. If the benchmark price-sales ratio for the company is 5.3, how much will you pay for the stock?
Note: Do not round intermediate calculations and round your answer to 2 decimal places, e.g.,32.16.
b. If the benchmark price-sales ratio for the company is 4.7, how much will you pay for the stock?
Note: Do not round intermediate calculations and round your answer to 2 decimal places, e.g.,32.16.
a. Stock price
b. Stock price
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