Z Space, Incorporated, is a new company and currently has negative earnings. The company's sales are $2.45

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Z Space, Incorporated, is a new company and currently has negative earnings. The company's sales are $2.45 million and there are 200,000 shares outstanding.

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?

Related Book For answer-question

Financial Reporting Financial Statement Analysis and Valuation a strategic perspective

ISBN: 978-1337614689

9th edition

Authors: James M. Wahlen, Stephen P. Baginski, Mark Bradshaw

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Posted Date: Sep 24, 2023 06:00 AM

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Z Space, Incorporated, is a new company and currently has negative earnings. The company's sales are $2.45

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Financial Reporting Financial Statement Analysis and Valuation a strategic perspective

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