Z Space, Incorporated, is a new company and currently has negative earnings. The company's sales are...

 

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Z Space, Incorporated, is a new company and currently has negative earnings. The company's sales are $2.0 million and there are 145,000 shares outstanding. a. 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. b. If the benchmark price-sales ratio for the company is 4.2, 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. a. Stock price b. Stock price Z Space, Incorporated, is a new company and currently has negative earnings. The company's sales are $2.0 million and there are 145,000 shares outstanding. a. 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. b. If the benchmark price-sales ratio for the company is 4.2, 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. a. Stock price b. Stock price

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