Question
Additional Info Attached: Your company produced the following ?reported? income statements during 2014-2015 period. You have recently completed a comparable company analysis and figured outthat
Additional Info Attached:
Your company produced the following ?reported? income statements during 2014-2015 period. You have recently completed a comparable company analysis and figured outthat the applicable, average Mcap/LTM Net Income multiple for your company is 7.5x. Based on your comparable company analysis, what should be the average stock price per share if you plan to sell your company? (Show your work!)
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Foundations Of Financial Management
Authors: Stanley Block, Geoffrey Hirt, Bartley Danielsen, Doug Short, Michael Perretta
11th Canadian Edition
1259024970, 978-1259265921
