1 Madison Makeup reported the following on its most recent financial statements (in $ millions). Fill in the highlighted cell. 2 Amount $350,000 $300,000 $750,000 $900,000 $400,000 $1,700,000 $700,000 $3,400,000 $1,000,000 500,000 18.50% 11.79 13.05 18.36 17.14 3.14 2.87 3 Miscellaneous financial information 4 Cash 5 Current portion of long-term debt 6 EBIT 7 EBITDA 8 Goodwill 9 Long-term debt 10 Short-term debt 11 Total assets 12 Total liabilities 13 Note: number of shares 14 Note: effective tax rate 15 Note: average peer EV/EBITDA 16 Note: median peer EV/EBITDA 17 Note: average peer EV/EBIT 18 Note: median peer EV/EBIT 19 Note: average peer P/B 20 Note: median peer P/B 21 22 23 24 25 What is the share price of Madison Makeup if the relevant peer 26 multiple is the average EV/EBITDA for its peers? What is the share price of Madison Makeup if the relevant peer 27 multiple is the median P/B for its peers? What is the share price of Madison Makeup if the firm is considered riskier than its peers and the appropriate pricing multiple for the firm is the average P/B for the peer group, adjusted by 0.50 in the relevant 28 direction. What is the share price of Madison Makeup if the firm is considered faster growing than its peers and the appropriate pricing multiple for the firm is the median P/B for the peer group, adjusted by 0.26 in the 29 relevant direction. What is the share price of Madison Makeup if the firm is considered better managed than its peers and the appropriate pricing multiple for the firm is the average EV/EBIT for the peer group, adjusted by 1.04 in 30 the relevant direction