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Z Space, Incorporated, is a new company and currently has negative earnings. The companys sales are $2.2 million and there are 155,000 shares outstanding. If

Z Space, Incorporated, is a new company and currently has negative earnings. The companys sales are $2.2 million and there are 155,000 shares outstanding.

If the benchmark price-sales ratio for the company is 4.6, 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.

If the benchmark price-sales ratio for the company is 4, 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.

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