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Z Space, Incorporated, is a new company and currently has negative earnings. The companys sales are $2.6 million and there are 240,000 shares outstanding. If
Z Space, Incorporated, is a new company and currently has negative earnings. The companys sales are $2.6 million and there are 240,000 shares outstanding. If the benchmark price-sales ratio for the company is 4.8, 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 4.2, how much will you pay for the stock
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