Question
Assume the company is sold at the end of 2013 for a 9x multiple. What is the equity return? REVENUES COGS GROSS PROFIT SG&A DEPRECIATION
Assume the company is sold at the end of 2013 for a 9x multiple. What is the equity return?
REVENUES COGS GROSS PROFIT SG&A DEPRECIATION OPERATING INCOME INTEREST EXPENSE CAP EX DEBT 2011 44,500 32,500 12,000 4,100 1,270 6,630 1,900 2,300 31,600 2012 47,000 34,000 13,000 4,300 1,300 7,400 1,700 2,300 26,600 2013 51,000 36,800 14,200 4,450 1,350 8,400 1,300 2,400 18,000
Step by Step Solution
3.42 Rating (155 Votes )
There are 3 Steps involved in it
Step: 1
Calculate the equity return Net Income can be calculated as follows Assuming a ta...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 StartedRecommended Textbook for
Fundamentals of Corporate Finance
Authors: Jonathan Berk, Peter DeMarzo, Jarrad Harford, David A. Stangeland, Andras Marosi
1st canadian edition
978-0133400694
Students also viewed these Finance questions
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
View Answer in SolutionInn App