Question: Please explain the steps to finding the answer Suppose that XYZ Corporation has five-year average price to sales ratio of 22 , current sales per

Please explain the steps to finding the answer Suppose that XYZ Corporation

Please explain the steps to finding the answer

Suppose that XYZ Corporation has five-year average price to sales ratio of 22 , current sales per share of $9 and five year projected annual sales per share growth rate of 5 percent. Given this information, what is ABC 's expected stock price in one year? 207.9 176.71 197.5 228.69 187.11

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