Negative earnings-what is the current stock price

Assignment Help Financial Management

Reference no: EM131051204

TwitterMe, Inc., is a new company and currently has negative earnings. The company’s sales are $1,500,000 and there are 135,000 shares outstanding.

Requirement 1:

If the benchmark price-sales ratio for the company is 5.5. What is the current stock price?

Requirement 2:

If the benchmark price-sales ratio for the company is 4.9. What is the current stock price?

Please show all work.

Reference no: EM131051204

Questions Cloud

The financial statements of marks and spencer plc : The financial statements of Marks and Spencer plc (M&S) are available at the book's companion website or can be accessed andSpencer-Annual-report-and-financial-statements-2012.pdf.

What is the expected return for stock with beta : If the expected return on the market is 8 percent and the risk-free rate is 4 percent, What is the expected return for a stock with a beta equal to 1.80? What is the market risk premium?

Analysts expect the dividend to grow at the rate : The Fast-Growth Company recently paid a dividend of $3.20 per share. Analysts expect the dividend to grow at the rate of 28% per year for 3 years, then by 16% for 3 more years, before converging to the industry median growth rate of 7%. what is the m..

Ifrs authoritative literature at the iasb website : As the new staff person in your company's treasury department, you have been asked to conduct research related to a proposed transfer of receivables. Your supervisor wants the authoritative sources for the following items that are discussed in the..

Negative earnings-what is the current stock price : TwitterMe, Inc., is a new company and currently has negative earnings. The company’s sales are $1,500,000 and there are 135,000 shares outstanding. If the benchmark price-sales ratio for the company is 5.5. What is the current stock price? If the ben..

Predict the frequency for a dna molecule after the sulphur : Predict the frequency for a DNA molecule after the sulphur substition.

Total amount of the good demanded : If the price of the good is less than 8, then each type 2 demands 24 - 3p; otherwise each type 2 demands zero. If the price of the good is 6, then the total amount of the good demanded will be

Market rate of interest on loans of this nature : On December 31, 2014, Firth Company borrowed $62,092 from Paris Bank, signing a 5-year, $100,000 zero-interest-rate note. The note was issued to yield 10% interest. Unfortunately, during 2016, Firth began to experience financial difficulty.

To what extent has scar breached his duties as a director : Is Warthog legally bound to repay Cheatem the funds advanced for the loan? To what extent, if any, has Scar breached his duties as a director

User Account

All Pages