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

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Chapter12: Investing In Stocks And Bonds

Section: Chapter Questions

Problem 4FPE: The Castle Company recently reported net profits after taxes of $15.8 million. It has 2.5 million...

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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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