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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