Answered step by step
Verified Expert Solution
Link Copied!

Question

00
1 Approved Answer

A target company's LTM EBITDA is $2538 million and its LTM Sales are $14 billion. Its closest comparable company, has an EV/EBITDA multiple of 16x.

A target company's LTM EBITDA is $2538 million and its LTM Sales are $14 billion. Its closest comparable company, has an EV/EBITDA multiple of 16x. 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 answer
image text in transcribed
A target company's LTM EBITDA is $2538 million and its LTM Sales are $14 billion. Its closest comparable company, has an EVIEBITDA multiple of 16x 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

blur-text-image

Get Instant Access with AI-Powered 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

Students also viewed these Finance questions