Answer :
Fragrance corporation has sales of $389,700 and costs of $413,210. the company has 120,000 shares outstanding. 2.65 is the price-sales ratio.
Price to Sales Ratio = (Total Outstanding shares* market Price)/Total revenue
=(120000*8.60)/389700
=2.648191
=2.65
Sales is a term used to explain the sports that cause the promoting of goods or offerings. businesses have sales corporations that are damaged up into distinctive teams. And these income teams are frequently decided based totally on the vicinity they are selling to, the product or service they may be selling, and the goal purchaser
A sale is a transaction between two or extra events in which items or services are exchanged for cash or different belongings. in the monetary markets, a sale is a settlement between a consumer and seller involving the charge of a security and its shipping for agreed-upon compensation.
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