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Aaron Sims Corporation has a debt of $300 million and generated a net income of $176 million in the last fiscal year. In attempting to
Aaron Sims Corporation has a debt of $300 million and generated a net income of $176 million in the last fiscal year. In attempting to determine the total value of the firm, an investor identified a similar firm in Wolland Inc., an all-equity firm. This firm had 200 million shares outstanding, a share price of $35, and net income of $450 million What is the total value of Aaron Sims Corporation? (Do not round intermediate calculations. Round the final answer to the nearest million dollars.) $3,038 million $3,850 million O $3,685 million $3,535 million
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