If a firm has a P/E ratio of 12 and a profit margin on sales of 6

Question:

If a firm has a P/E ratio of 12 and a profit margin on sales of 6 percent, what is its price-to-sales (P/S) ratio likely to be?

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question
Question Posted: