Estimate of an appropriate stock price

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Reference no: EM132033775

Twitterme, inc., is a new company and currently has negative earnings. The company's sales are $1.35 million and there are 130,000 shares outstanding.

If the benchmark price-sales ratio is 4.8, what is your estimate of an appropriate stock price? What is the price-sales ratio were 3.7?

Reference no: EM132033775

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