Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Assume that a venture is expected to have an EBITDA of $1,500,000 at the end of five years from now. If the ventures value is

Assume that a venture is expected to have an EBITDA of $1,500,000 at the end of five years from now. If the ventures value is expected to be $15,000,000, what valuation multiple was being assumed?

a. 1 time

b. 4 times

c. 8 times

d. 10 times

e. 12 times

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored 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

Recommended Textbook for

Management and Cost Accounting

Authors: Colin Drury

8th edition

978-1408041802, 1408041804, 978-1408048566, 1408048566, 978-1408093887

Students also viewed these Finance questions

Question

Describe each of the strategies listed in Question 17.

Answered: 1 week ago