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A company has yearly sales of $50 million and costs of $24 million. The companys balance sheet shows debt of $36 million and cash of
A company has yearly sales of $50 million and costs of $24 million. The companys balance sheet shows debt of $36 million and cash of $10 million. There are 3 million shares outstanding, and the industry EV/EBITDA multiple is 7.50 . What is the stock price per share? (Hint, you need to determine the enterpise value first). $54.57$56.33$58.98$60.41$62.05
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