Z Space, Incorporated, is a new company and currently has negative earnings. The company's sales are $2.45 million and there
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a. If the benchmark price-sales ratio for the company is 4.7 , how much will you pay for the stock? Do not round intermediate calculations and round your answer to 2 decimal places,
b. If the benchmark price-sales ratio for the company is 41 , how much wil you pay for the stock?
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Chapter # 12- Valuation: Cash-Flow-Based Approaches
Section: INTEGRATIVE CASE
Posted Date: September 24, 2023 06:00:17