Question: Please use Excel with the formula. B D E G H H 1 1 2 3 TwitterMe, Inc., is a new company and currently has
Please use Excel with the formula.
B D E G H H 1 1 2 3 TwitterMe, Inc., is a new company and currently has negative earnings. The company's sales are $2.7 million and there are 130,000 shares outstanding. If the benchmark price-sales ratio is 4.3, what is your estimate of an appropriate stock price? What if the price-sales ratio were 3.6? 4 5 6 $ 7 Sales Shares outstanding Benchmark PS Benchmark PS 2,700,000 130,000 4.3 3.6 8 9 9 10 11 12 Complete the following analysis. Do not hard code values in your calculations. 13 14 Sales per share 15 16 Stock price at price-sales ratio of 4.3 17 18 Stock price at price-sales ratio of 3.6 19
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