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Z Space, Incorporated, is a new company and currently has negative earnings. The companys sales are $2.3 million and there are 170,000 shares outstanding. If

Z Space, Incorporated, is a new company and currently has negative earnings. The companys sales are $2.3 million and there are 170,000 shares outstanding.

  1. If the benchmark price-sales ratio for the company is 4.4, how much will you pay for the stock?

  2. If the benchmark price-sales ratio for the company is 3.8, how much will you pay for the stock?

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