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Company Name EV ($ Million) EV / EBITDA P/E Coca-Cola Company 165,000 7.7 13.4 PepsiCo Inc 163,000 8.7 14.4 Dr Pepper Snapple Group 45,000 12.3

Company Name EV ($ Million) EV / EBITDA P/E Coca-Cola Company 165,000 7.7 13.4 PepsiCo Inc 163,000 8.7 14.4 Dr Pepper Snapple Group 45,000 12.3 22 (a) Using the average EV/EBITDA multiple for the comparable firms estimate a price per share for Monster Beverage Corp. Monster Beverage Corp has 170 million common shares outstanding, $26 million in balance sheet cash and outstanding debt with a market value of $1130 million. The firms latest EBITDA was $520 million. Price per share estimate for Monster Beverage Corp is (to 2 decimal places).

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