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Z Space, Incorporated, is a new company and currently has negative earnings. The company s sales are $ 1 . 7 million and there are

Z Space, Incorporated, is a new company and currently has negative earnings. The companys sales are $1.7 million and there are 124,000 shares outstanding.
a. If the benchmark price-sales ratio is 4.4, 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 4.0?(Do not round intermediate calculations and round your answer to 2 decimal places, e.g.,32.16.)

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