What is this companys price-to-sales ratio
Problem
Jensen and Flubb, Inc., has 17,000 shares of common stock outstanding with a market value of $86 a share. Jensen and Flubb's total sales over the past year were $2,860,000. What is this company's price-to-sales ratio?
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Jensen and Flubb, Inc., has 17,000 shares of common stock outstanding with a market value of $86 a share. What is this company's price-to-sales ratio?
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