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klemol [59]
2 years ago
5

TwitterMe, Inc., is a new company and currently has negative earnings. The company’s sales are $1.45 million and there are 130,0

00 shares outstanding. a. If the benchmark price-sales ratio is 3.9, what is your estimate of an appropriate stock price? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) b. If the benchmark price-sales ratio is 3.2, what is your estimate of an appropriate stock price? (Do not round intermediate calculations and round your answer to 2 decimal
Business
1 answer:
Olegator [25]2 years ago
3 0

Answer:

a. $43.50

b. $35.69

Explanation:

The computation o the stock price in the following cases is as follows:

Sales per share is

= $1.45 million ÷ 130,000 shares

= $11.15

The Price-Sales ratio is

= Stock price ÷ Sales per share

a.

Stock price

= $11.15 × 3.9

= $43.50

And,

b.Stock price is

= $11.15 × 3.2

= $35.69

The same is to be considered

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Brad Edwards is earning $74,000 a year in a city located in the Midwest. He is interviewing for a position in a city with a cost
arsen [322]

Answer:

The correct answer is $81,400.

Explanation:

According to the scenario, the given data are as follows:

Current earning = $74,000

As Brad is searching for a city which is 10% higher than current city then to maintain same living he has to earn 10% more than he earns.

So, total earning needed = $74,000 + 10% of $74,000

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GarryVolchara [31]

Answer:

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Explanation:

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Book value= $399,600

<u>If the selling price is higher than the book value, the company gain from the sale.</u>

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Gain/loss= 800,200 - 399,600

Gain= $400,600

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3 years ago
A client will soon be completing a course of inpatient treatment for the treatment of schizophrenia. At what point should the ca
Evgesh-ka [11]

ANSWER:

Upon admission to the inpatient setting.

STEP-BY-STEP EXPLANATION:

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All of the following are examples of retailers EXCEPT?
fiasKO [112]

Answer:

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2 years ago
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