Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Sep 12, 2024

18 1 point An analyst has determined that the appropriate EV/EBITDA for Rainbow Company is 10.1. The analyst has also collected the following forecasted information

18 1 point An analyst has determined that the appropriate EV/EBITDA for Rainbow Company is 10.1. The analyst has also collected the following forecasted information for Rainbow Company: EBITDA = 22,432,289 Market value of debt = 51,531,832 Cash = 1,851,708 Compute the value of equity for Rainbow Company. (Enter your answer as a number, rounded to the nearest whole number, like this: 1234) Type your answer... Previous Next

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Get Instant Access with AI-Powered Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

Step: 3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Students also viewed these Finance questions

Question

Find out more and make short presentations in class about other cultural syndromes currently included in DSM-5: Khyal cap, Ghost sickness, Kufungisisa, Maladi moun, Susto. Do you think Anoushkas case...

Answered: 1 week ago

Question

★★★★★

If a company's control risk is assessed as low, the auditor needs to gather evidence on the operating effectiveness of the controls. For each of the following control activities listed as (1) - (10)...

Answered: 1 week ago

Question

★★★★★

18 1 point An analyst has determined that the appropriate EV/EBITDA for Rainbow Company is 10.1. The analyst has also collected the following forecasted information for Rainbow Company: EBITDA =...

Answered: 1 week ago

Question

★★★★★

A pension fund manager is considering three mutual funds. The first is a stock fund, the second is a long - term bond fund, and the third is a money market fund that provides a safe return of 8 % ....

Answered: 1 week ago

Question

★★★★★

Required: Calculate the missing amounts. TUREK, INCORPORATED Income Statement Year ended December 31, 2024 Revenues Expenses: Salaries $ 30,500 Advertising Utilities 4,300 2,300 Net income Beginning...

Answered: 1 week ago

Question

★★★★★

Create graphs or plots of the following equations or situations. Use an online graphing calculator of your choice or your own graphing calculator, choose an appropriate viewing window that completely...

Answered: 1 week ago

Question

★★★★★

The following information for Dorado Corporation relates to the three-month period ending September 30. Price per Units Unit Sales 445,000 $ 40 Beginning inventory 39,000 22 Purchases 420,000 Ending...

Answered: 1 week ago

Question

★★★★★

which financial statements analysis tool would you use to compare Microsoft with a small grocery store? What are the pitfalls? Explain. Please add reference

Answered: 1 week ago

Question

★★★★★

Jacob is a member of WCC (an LLC taxed as a partnership). Jacob was allocated $95,000 of business income from WCC for the year. Jacob's marginal income tax rate is 37 percent. The business allocation...

Answered: 1 week ago

Previous Question Next Question