What is your estimate of an appropriate stock price what if


TwitterMe, Inc., is a new company and currently has negative earnings. The company’s sales are $2.7 million and there are 130,000 shares outstanding. If the benchmark price–sales ratio is 4.3, what is your estimate of an appropriate stock price? What if the price–sales ratio were 3.6?

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Financial Management: What is your estimate of an appropriate stock price what if
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