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TwitterMe Inc is a new company and currently has negative earnings The companyAc€cs sales are $1400000 and there are 140000 shares outstanding Requirement 1 If the benchmark price sales

TwitterMe, Inc., is a new company and currently has negative earnings. The companyAc€?cs sales are $1,400,000 and there are 140,000 shares outstanding.

Requirement 1:

If the benchmark price-sales ratio for the company is 5.4, how much will you pay for the stock?

Requirement 2:

If the benchmark price-sales ratio for the company is 4.8, how much will you pay for the stock?

 

May 21 2020 View more View Less

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