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Based on the information in the table, what is the share price when the enterprise value to sales (EV/Sales) multiple of a comparable company is
Based on the information in the table, what is the share price when the enterprise value to sales (EV/Sales) multiple of a comparable company is 2.4x? Income Statement Millions Sales $3,000 EBITDA $2,200 | EBIT $1,750 Net Income $1,100 Balance Sheet Millions Cash and Cash Equivalents $120 $210 Short Term Interest Bearing Debt Long Term Interest Bearing Debt BV Equity $850 $1,500 100 Shares Outstanding in Millions Share Price $62.6 $29.4 $13.5 $48.7
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