Use the information for the question(s)below.
During the most recent fiscal year,KD Industries had revenues of $400 million and earnings of $30 million.KD has filed a registration statement with the SEC for its IPO.Before it is offered,KD's investment bankers would like to estimate the value of the company using comparable companies.The investment bankers have assembled the following information based on data for other companies in the same industry that have recently gone public.In each case,the ratios are based upon the IPO price. 
-Based upon the price/revenue ratio,what would be a reasonable value for KD?
Definitions:
Aggregate Demand (AD)
The total demand for all goods and services within an economy at different price levels, during a specific time period.
Unemployment Rate
The fraction of the working-age population that is currently unemployed and looking for a job.
Inflation Rate
The speed at which the overall price level of goods and services increases, leading to a decrease in purchasing power.
Price Index
A measurement that shows how the average price level of a selected set of goods and services has changed over time.
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