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A corporation has the following data: Recent share price..............$31.25 Share outstanding.......$30 million Market value of debt.......$115 million Cash and Equivalent....$47.6 million Other financial investment..$247 million

A corporation has the following data:

Recent share price………..............……$31.25

Share outstanding………….......…$30 million

Market value of debt……….......$115 million

Cash and Equivalent…………....$47.6 million

Other financial investment…..$247 million

Net income…………………........$119.4 million

Interest expense…………….........$5.8 million

Depreciation………………….........$6.9 million

Amortization………………............$2.3 million

Taxes……………………….............$85.9 million


Requirement:

What is the corporation’s EV/EBITDA?

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