TwitterMe, Inc., is a new company and currently has negative earnings. The company's sales are $1.2 million
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TwitterMe, Inc., is a new company and currently has negative earnings. The company's sales are $1.2 million and there are 130,000 shares outstanding. If the benchmark price-sales ratio is 5.2, what is your estimate of an appropriate stock price? What if the price-sales ratio were 4.6?
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Related Book For 
Essentials of Corporate Finance
ISBN: 978-0078034756
8th edition
Authors: Stephen Ross, Randolph Westerfield, Bradford Jordan
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