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Consider the following balance sheet and income statement for Mmm Good Foods Incorporated ( the company that operates Tasty Fried Chicken and Pizza Party )
Consider the following balance sheet and income statement for Mmm Good Foods Incorporated the company that operates Tasty
Fried Chicken and Pizza Party in condensed form, including some information from the cash flow statement: amounts are in millions
Requlred:
Determine the valuation of the company at the end of using each of the following three methods. Assume earnings and cash
flows for the coming years are equal to the earnings and cash flows in ; the appropriate free cash flow multiple is Enter
your answers In millilons rounded to nearest whole number.
a Market capitalization.
b Enterprise value.
c Free cash flow multiple.
Answer is complete but not entirely correct.
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