Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Calculate the implied share price assuming an EBITDA multiple of 11.2x. (All data in millions) Short-term debt: $22.5 Outstanding shares: 18.330 convertible debt $0.0 Diluted

Calculate the implied share price assuming an EBITDA multiple of 11.2x.

(All data in millions)

Short-term debt:$22.5Outstanding shares:18.330
convertible debt$0.0Diluted Shares Outstanding:21.501
Long-term debt:$253.5Cash equivalent:$46.5
Full responsibility:$676.8Minority interest:$0.0
EBITDA:$60.0Net income:$21.2

Step by Step Solution

3.45 Rating (148 Votes )

There are 3 Steps involved in it

Step: 1

To calculate the implied share price we first need to calculate the enterprise v... 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

Intermediate Accounting

Authors: Donald E. Kieso, Jerry J. Weygandt, Terry D. Warfield, Nicola M. Young, Irene M. Wiecek, Bruce J. McConomy

11th Canadian edition Volume 2

1119048540, 978-1119048541

More Books

Students also viewed these Finance questions

Question

How can a good be costly yet not scarce?

Answered: 1 week ago