4. At the end of 2010 a buyer purchases Widget Company for 7x EBITDA. the purchase price? What is 5. How much was the value of the equity in Widget Company worth at the time of purchase? 6. The buyer financed the purchase price in part with $34,000 of debt. How was the rest of the purchase financed? EXHIBIT 1 2010 2011 2012 2013 REVENUES 42,00044,500 47,000 51,000 31,200 32,500 34,000 36,800 10,800 12,000 13,000 14,200 GROSS PROFIT SG&A DEPRECIATION OPERATING INCOME INTEREST EXPENSE 1,200 1.270 1300 1,350 5,600 6630 700 8400 2,2002,3002,300 2,400 CAP EX 0 31,600 26,60018,000