If you start making $115 monthly contributions today and continue them for six years, what is their present value if the compounding rate is 12% APR? What is the present value of this annuity?
The current price of Parador Industries stock is $66 per share. Current sales per share are $22.1, the sales growth rate is 4.5 percent, and Parador does not pay a dividend. The expected return on Parador stock is 17 percent.
1. Calculate the sales per share one-year ahead. (Round your answer to 2 decimal places. Omit the "$" sign in your response.)
2. Calculate the P/S ratio one-year ahead. (Do not round intermediate calculations. Round your answer to 2 decimal places.)