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1. What is Magic's estimated enterprise value (in $ million)? 2. What is the company's estimated market value of equity (in $ million)? 3. What
1. What is Magic's estimated enterprise value (in $ million)?
2. What is the company's estimated market value of equity (in $ million)?
3. What is the company's estimated share price (in $)?
Intro Below is the balance sheet for Magic Card Corp. as of Dec. 31, 2014. EBITDA is expected to be $47 million and there are 12 million shares outstanding. Assets ($ million) Cash 12 2 Liabilities and Equity ($ million) Accounts payable 19 Notes payable 6 Total current liabilities 25 Long-term debt 95 Total liabilities 120 7 Marketable securities Accounts receivable Inventory Total current assets Machines Real estate Total fixed assets 33 54 34 20 80 28 Paid-in capital Retained earnings Total equity Total liab. & equity 114 48 Total assets 168 168 The collection card industry has an average enterprise value-over-EBITDA ratio of 7.1. Part 1 18 Attempt 1/10 for 10 pts. What is Magic's estimated enterprise value (in $ million)? 0+ decimals SubmitStep by Step Solution
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