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BrandyBraden BrandyBraden
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2 years ago
Equinox Bioengineering began operations one year ago. In its first year of operation, sales were $85 million and the net loss was $(5.1 million).  Free cash flow was $(300,000). Equinox has 10 million shares outstanding.  If you think the price to sales ratio for this company should be 1 or less, what is the most you should pay per share?

▸ $85.00

▸ $8.50

▸ $51.00

▸ Such a stock would have no value at all.
Textbook 
Fundamentals of Investing

Fundamentals of Investing


Edition: 14th
Authors:
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KFordKFord
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2 years ago
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BrandyBraden Author
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2 years ago
I appreciate what you did here, answered it right Smiling Face with Open Mouth
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Yesterday
Thanks
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2 hours ago
Just got PERFECT on my quiz
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