Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

A company has a market cap. of US$819.59bn. Its cash & cash equivalents holdings amount to US$58.08bn. The company has no debt and its EBIT

A company has a market cap. of US$819.59bn. Its cash & cash equivalents holdings amount to US$58.08bn. The company has no debt and its EBIT totals US$46.94bn and the company's depreciation and amortization stands at US$7.82bn. The company's EV/EBITDA must then equal:

A 16.92

B None of the given

C 15.96

D 14.90

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

The Solomon Secret 7 Principles Of Financial Success From King Solomon Historys Wealthiest Man

Authors: Bruce Fleet, Alton Gansky

1st Edition

1585428183, 978-1585428182

More Books

Students also viewed these Finance questions