Question
A company has 62m shares trading at $4.87 per share. The balance sheet shows debt of $144m and cash of $24m. The income statement reports
A company has 62m shares trading at $4.87 per share. The balance sheet shows debt of $144m and cash of $24m. The income statement reports depreciation & amortisation of $14m, EBIT of $49m and net interest expense of $34m. What is the company's EV/EBITDA ratio (to one decimal place)?
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Payroll Accounting 2017
Authors: Bernard J. Bieg, Judith Toland
27th edition
1305675126, 1305675124, 9781305888586, 1305888588, 978-1337734776
