Business, 19.05.2020 21:05 carlo123

You've just completed a proforma on Cindy's Candy Company. For the last several years sales have been growing steadily and predictably but margins have been very unstable year to year. Your proforma suggests that Cindy's Candy will generate earnings of 2.6 million dollars this year and sales of 10 million dollars. Historically the stock has traded at a range of 12-16 times earnings and 2-3 times sales. What is the most logical conclusion to draw based on this information if the company has 100,000 shares outstanding?

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You've just completed a proforma on Cindy's Candy Company. For the last several years sales have bee...

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