Blitz Corp. had total sales of $2,930,000 last year and has 104,000 shares of stock outstanding. The benchmark PS is 1.56 times. What stock price would you consider appropriate? Multiple Choice $43.95 $35.16 $41.02 $18.06 $39.56

Blitz Corp. had total sales of $2,930,000 last year and has 104,000 shares of stock outstanding. The benchmark PS is 1.56 times. What stock price would you consider appropriate? Multiple Choice $43.95 $35.16 $41.02 $18.06 $39.56

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Question

Blitz Corp. had total sales of $2,930,000 last year and has 104,000 shares of stock outstanding. The benchmark PS is 1.56 times. What stock price would you consider appropriate?

Multiple Choice

$43.95
$35.16
$41.02
$18.06
$39.56

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