The following information was collected for Dillard's , Inc.: Shares outstanding are 75.17 million and the close price per share on February 6, 2008 was $18.37. Calculate the appropriate Price/Sales ratio to use for Dillard's in February 2008.

Question

The following information was collected for Dillard's , Inc.:  Shares outstanding are 75.17 million and the close price per share on February 6, 2008 was $18.37. Calculate the appropriate Price/Sales ratio to use for Dillard's in February 2008.

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The Answer of The following information was collected for Dillard's , Inc.:  Shares outstanding are 75.17 million and the close price per share on February 6, 2008 was $18.37. Calculate the appropriate Price/Sales ratio to use for Dillard's in February 2008.

The Following Information Was Collected for Dillard's , Inc