The current price of Parador Industries stock is $57 per share. Current sales per share are $22.2, the sales growth rate is 8 percent, and Parador does not pay a dividend. The expected return on Parador stock is 11 percent. The current price of Parador Industries stock is $57 per share. Current sales per share are $22.2, the sales growth rate is 8 percent, and Parador does not pay a dividend. The expected return on Parador stock is 11 percent. 1. Calculate the sales per share one-year ahead. (Round your answer to 2 decimal places. Omit the sign in your response.) 2. Calculate the P/S ratio one-year ahead. (Do not round intermediate calculations. Round your answer to 2 decimal places.)

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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The current price of Parador Industries stock is $57 per share.
Current sales per share are $22.2, the sales growth rate is 8
percent, and Parador does not pay a dividend. The expected
return on Parador stock is 11 percent. The current price of
Parador Industries stock is $57 per share. Current sales per
share are $22.2, the sales growth rate is 8 percent, and
Parador does not pay a dividend. The expected return on
Parador stock is 11 percent.
1. Calculate the sales per share one-year ahead. (Round your
answer to 2 decimal places. Omit the sign in your response.)
2. Calculate the P/S ratio one-year ahead. (Do not round
intermediate calculations. Round your answer to 2 decimal
places.)
Transcribed Image Text:The current price of Parador Industries stock is $57 per share. Current sales per share are $22.2, the sales growth rate is 8 percent, and Parador does not pay a dividend. The expected return on Parador stock is 11 percent. The current price of Parador Industries stock is $57 per share. Current sales per share are $22.2, the sales growth rate is 8 percent, and Parador does not pay a dividend. The expected return on Parador stock is 11 percent. 1. Calculate the sales per share one-year ahead. (Round your answer to 2 decimal places. Omit the sign in your response.) 2. Calculate the P/S ratio one-year ahead. (Do not round intermediate calculations. Round your answer to 2 decimal places.)
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