Answered step by step
Verified Expert Solution
Question
1 Approved Answer
A target company's LTM EBITDA is $2014 million and its LTM Sales are $14 billion. Its closest comparable company, has an EV/EBITDA multiple of 19x.
A target company's LTM EBITDA is \$2014 million and its LTM Sales are \$14 billion. Its closest comparable company, has an EV/EBITDA multiple of 19x. Using this information, in millions, what is the target's implied EV? Note: do not write the word millions or use the $ sign in your Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started
The New Public Finance
Authors: Inge Kaul, Pedro Condeicao
1st Edition
0195179978, 978-0195179972
