The xyz corporation has expected sales of 2000000 next year


The XYZ Corporation has expected sales of $2,000,000 next year and profit margin of 10%. The firm has 500,000 shares outstanding. The current P/E ratio is 22 times and it is expected to continue in the future. How much would you pay for this stock today?

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Financial Management: The xyz corporation has expected sales of 2000000 next year
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