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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
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Managerial Accounting
Authors: Ray H. Garrison, Eric W. Noreen, Peter C. Brewer
13th Edition
978-0073379616, 73379611, 978-0697789938
