Question
#16 You are given the following information: Stockholders' equity as reported on the firms balance sheet = $3.75 billion, price/earnings ratio = 11.5, common shares
#16
You are given the following information: Stockholders' equity as reported on the firms balance sheet = $3.75 billion, price/earnings ratio = 11.5, common shares outstanding = 230 million, and market/book ratio = 1.5. The firm's market value of total debt is $4 billion, the firm has cash and equivalents totaling $270 million, and the firm's EBITDA equals $1 billion. What is the price of a share of the company's common stock? Do not round intermediate calculations. Round your answer to the nearest cent.
$ ?
What is the firm's EV/EBITDA? Do not round intermediate calculations. Round your answer to two decimal places.
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Fintech In Islamic Finance Theory And Practice
Authors: Umar A. Oseni, S. Nazim Ali
1st Edition
1138494801, 978-1138494800
