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Z Space, Incorporated, is a new company and currently has negative earnings. The company's sales are $2.2 million and there are 134,000 shares outstanding. a.

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Z Space, Incorporated, is a new company and currently has negative earnings. The company's sales are $2.2 million and there are 134,000 shares outstanding. a. If the benchmark price-sales ratio is 5.4 , what is your estimate of an appropriate stock price? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) b. What if the price-sales ratio were 5.1 ? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) Z Space, Incorporated, is a new company and currently has negative earnings. The company's sales are $2.2 million and there are 134,000 shares outstanding. a. If the benchmark price-sales ratio is 5.4 , what is your estimate of an appropriate stock price? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) b. What if the price-sales ratio were 5.1 ? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)

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