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27. Stock Valuation and EV FFDP Corp. has yearly sales of $48 million and costs of $15 million. The company's balance sheet shows debt of
27. Stock Valuation and EV FFDP Corp. has yearly sales of $48 million and costs of $15 million. The company's balance sheet shows debt of $64 million and cash of $23 million. There are 1.95 million shares outstanding and the industry EV/EBITDA multiple is 6.4. What is the company's enterprise value? What is the stock price per share Step by Step Solution
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Intermediate Accounting
Authors: Donald E. Kieso, Jerry J. Weygandt, Terry D. Warfield, Nicola M. Young, Irene M. Wiecek, Bruce J. McConomy
11th Canadian edition Volume 2
1119048540, 978-1119048541
