#14 Big Z Chicken is a private fast food business located in Georgia. The company sells franchises in the chicken business and charges a 6.00% royalty on all sales of its stores. Here is a quick summary of Big Z company financials: Company Data # of Stores Revenues per store Royalty on sales EBITDA Margin on Sales Fiscal Year 2020 521.00 $1,000,000.00 6.00% 20.00% Balance Sheet Data Interest bearing debt Shareholder equity Cash and Marketable Securities Fiscal Year 2020 $15,000,000.00 $12,000,000.00 $4,000,000.00 We will compare Big Z against Chick-Today, a leader in the fast food business, that has an enterprise value of $409.00 billion and EBITDA of $109.00 billion. Using Chick Today's multiple and Big Z financial data, what is the value of Big Z's equity? Submit Answer format: Currency: Round to: 2 decimal places. unanswered not_submitted Attempts Remaining: Infinity