Question: Consider the information below for these 4 competing firms. Using the Price/Sales multiple (price per share divided by Sales per share), the price per share
Consider the information below for these 4 competing firms. Using the Price/Sales multiple (price per share divided by Sales per share), the price per share for Stock A should be $______.
| Company A | Company B | Company C | Company D | |
| Sales | $145 mill. | $126 mill. | $371 mill. | $253 mill. |
| Owners' Equity | $24 mill. | $25 mill. | $33 mill. | $28 mill. |
| # shares outstanding | 1.6 mill. | 1.9 mill. | 1.2 mill. | 1.6 mill. |
| Stock Price | ? | $58 | $101 | $83 |
Margin of error for correct responses: +/- $.10.
Rounding and Formatting instructions: Do not enter dollar signs or commas in your response. Do not round any intermediate work, but round your *final* response to 2 decimal places (example: if your answer is $12.34567, you should enter 12.35).
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