Explain Answer and Answer all parts

** The answer for The average P/S ratio for the 3 firms** is just a guess please check and change if incorrect

World Wide Web Wares (4W, for short) is an online retailer of small kitchen appliances and utensils. The firm has been arcund for a few years and has created a nice market niche for itself. In fact, it actually turned a profit last year, albeit a farly small one. After doing some basic research on the company, you've decided to take a closer look. You plan to use the price-to-sales ratio to value the stock, and you have collected PIS multiples on the following Intemet retailer stocks: (Click on the icon located on the top-right corner of the data table below in order to copy its contents into a spreadsheet.) PIS Multiples Amazing.com Really Cocking.com Fixtures & Appliances Online 3.7 3.7 Find the average P/S ratio for these three firms. Given that 4W is expected to generate $32 million in sales next year, and will have 15 milion shares of stock outstanding, use the average P/S ratio you computed above to put a value on 4W's stock The average P/S ratio for the 3 firms is 3.9.(Round to two decimal places.) The value of 4W's stock is (Round to the nearest cent)