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3 Suppose that in April 2019, Nike Inc. had sales of $36,339 million, EBITDA of $5,228 million, excess cash of $5,236 million, $3,815 million of

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3 Suppose that in April 2019, Nike Inc. had sales of $36,339 million, EBITDA of $5,228 million, excess cash of $5,236 million, $3,815 million of debt, and 1,582.4 million shares outstanding. a. Using the average enterprise value to sales multiple in the table here, estimate Nike's share price. b. What range of share prices do you estimate based on the highest and lowest enterprise value to sales multiples in the table above? c. Using the average enterprise value to EBITDA multiple in the table above, estimate Nike's share price. d. What range of share prices do you estimate based on the highest and lowest enterprise value to EBITDA multiples in the table above? Data Table (Click on the following icon in order to copy its contents into a spreadsheet.) Average Maximum Minimum P E 23.99 + 81% - 45% Price Book 7.46 + 193% - 83% Enterprise Value Sales 2.17 + 96% - 80% Enterprise Value EBITDA 19.98 + 73% - 81% Print Done

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