FFDP Corp. has yearly sales of $43 million and costs of $14 million. The companys balance sheet
Question:
FFDP Corp. has yearly sales of $43 million and costs of $14 million. The company’s balance sheet shows debt of $58 million and cash of $19 million. There are 1.85 million shares outstanding and the industry EV/EBITDA multiple is 6.4. What is the company’s enterprise value? What is the stock price per share?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 37% (8 reviews)
a EV 185 million shares 43 ...View the full answer
Answered By
James Warinda
Hi! I’m James Otieno and I'm an experienced professional online tutor with countless hours of success in tutoring many subjects in different disciplines. Specifically, I have handled general management and general business as a tutor in Chegg, Help in Homework and Trans tutor accounts.
I believe that my experience has made me the perfect tutor for students of all ages, so I'm confident I can help you too with finding the solution to your problems. In addition, my approach is compatible with most educational methods and philosophies which means it will be easy for you to find a way in which we can work on things together. In addition, my long experience in the educational field has allowed me to develop a unique approach that is both productive and enjoyable.
I have tutored in course hero for quite some time and was among the top tutors awarded having high helpful rates and reviews. In addition, I have also been lucky enough to be nominated a finalist for the 2nd annual course hero award and the best tutor of the month in may 2022.
I will make sure that any student of yours will have an amazing time at learning with me, because I really care about helping people achieve their goals so if you don't have any worries or concerns whatsoever you should place your trust on me and let me help you get every single thing that you're looking for and more.
In my experience, I have observed that students tend to reach their potential in academics very easily when they are tutored by someone who is extremely dedicated to their academic career not just as a businessman but as a human being in general.
I have successfully tutored many students from different grades and from all sorts of backgrounds, so I'm confident I can help anyone find the solution to their problems and achieve
0.00
0 Reviews
10+ Question Solved
Related Book For
Corporate Finance
ISBN: 9781260772388
13th Edition
Authors: Stephen Ross, Randolph Westerfield, Jeffrey Jaffe
Question Posted:
Students also viewed these Business questions
-
FFDP Corp. has yearly sales of $28 million and costs of $12 million. The companys balance sheet shows debt of $54 million and cash of $18 million. There are 950,000 shares outstanding and the...
-
FFDP Corp. has yearly sales of $42 million and costs of $13 million. The company's balance sheet shows debt of $64 million and cash of $21 million. There are 1,750,000 shares outstanding and the...
-
FFDP Corp. has yearly sales of $48 million and costs of $15 million. The companys balance sheet shows debt of $64 million and cash of $23 million. There are 1.95 million shares outstanding and the...
-
Carol Simon, the manager of Handy Plumbing has provided you with the following aging schedule for Handys accounts receivable: Carol indicates that the $125,200 of accounts receivable identified in...
-
Consider the leaf spring experiment in Exercise 14.9. Rework this problem, assuming that factors A, B, and C are easy to control but factors D and E are hard to control. Using equations (14.6) and...
-
Consider that you have been asked to propose a database architecture in a large organization (General Motors, for example) to consolidate all data including legacy databases (from hierarchical and...
-
Compute cash flows from financing activities using the following company information Additional short-term borrowings $20,000 Purchase of short-term investments 5,000 Cash dividends paid 16,000...
-
Medicis Pharmaceutical Corp. makes Solodyn, a prescription oral antibiotic. Medicis warns physicians that "autoimmune syndromes, including drug-induced lupus-like syndrome," may be associated with...
-
Forecasting with the Parsimonious Method and Estimating Share Value Using the DCF Model Following are income statements and balance sheets for Cisco Systems. Cisco Systems Consolidated Statements of...
-
Post the differences between the cash count and the cash register tape to the Cash Short and Over T account. Assume a change fund of $100. Date Cash Register Tape Cash Count Sept. 7 $1,295.89...
-
Given that Bit Digital was up by about 3,688 percent for 2020, why didnt all investors hold Bit Digital?
-
Consider the following information: a. Your portfolio is invested 30 percent each in A and C and 40 percent in B. What is the expected return of the portfolio? b. What is the variance of this...
-
A semiconducting diode is a nonlinear device whose current I is related to the voltage V across the diode by I = I0(eeV/kT 1), where k is Boltzmanns constant, e is the magnitude of the charge on an...
-
10.1 Learning Outcomes: Describe managers' appropriate use of power and influence. Identify traits and characteristics of successful leaders. Identify behaviors of successful leaders 10.2 Action...
-
Suppose Ron went to Rio de Janeiro in 2019 when the dollar was worth 4 reals. The price of a cup of coffee at Starbucks in the US was $4, so when Ron converted $4 into reals he had 16 reals, which...
-
The expected annual net income is $200,000; the average investment is $800,000; and depreciation expense is $50,000. Calculate the annual rate of return.
-
How do you define humanities?
-
Write the types of partners ?
-
Determine the slope function for the following functions. f(x) = |x|
-
What is master production scheduling and how is it done?
-
What is the impact of lengthening the time to expiration on an option's value? Explain.
-
What is the impact of lengthening the time to expiration on an option's value? Explain.
-
Why does the value of a share of stock depend on dividends? (150 words)
-
question 1- You borrow a simple loan of SR 500,000, interest rate is 20%, it matures in one year. what's the yied to maturity? question 2- calculate_i for One-Year Discount Bond with price(p) =...
-
Taste of Muscat is a reputed chain of restaurants operating in Oman. Assume You are working as a management accountant for this restaurant chain which is specialized in all types of Arabic food. Your...
-
Industry Current Year Minus 1 Current Year Minus 2 Company: Air Products and Chemicals, Inc. (APD) Stock Price: 306.72 USD Shares Outstanding: 220.89 M Financial Ratios Most Current Year Current...
Study smarter with the SolutionInn App