(Solved): NSD Corporation has $5 million in net income (earnings) on $15 million in sales and has 1 million s ...

NSD Corporation has $\$5$ million in net income (earnings) on $\$15$ million in sales and has 1 million shares outstanding. The price/earnings ratio of comparable firms is 7 . What is the estimated stock price of NSD using the method of comparables? Multiple Choice $\$21.00$ $\$35.00$ $\$70.00$ $\$105.00$