Please need answer the general accounting question The current price of Parador Industries stock is $68 pershare. Current sales per share are $18.75, the sales growthrate is 9 percent, and Parador does not pay a dividend. Theexpected return on Parador stock is 13 percent. What one-year ahead P/S ratio is consistent with Parador's expectedreturn and sales growth rate?

Step 1: Define P/S RatioThe P/S ratio is the ratio of a firm's price per share to its sales per…

Answered: The current price of Parador Industries…

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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