Question
Company Z had sales of $60 million last year. Sales are expected to grow 8% for next year and the EBITDA margin is expected to
Company Z had sales of $60 million last year. Sales are expected to grow 8% for next year and the EBITDA margin is expected to be 59%.
The company's share price is $7 and shares outstanding are 7 million.
If the company trades at a EV/EBITDA multiple of 6x, what is the company's net debt in $ million?
Provide your answer as an integer, i.e. no decimal points, and no thousand separator if applicable!
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AQA AS Accounting Unit 1 Introduction To Financial Accounting
Authors: Brendan Casey
1st Edition
1499789653, 978-1499789652
