Consider the following data:

Company Name	Market Capitalization	Enterprise Value (EV)	EV/Sales	EV/EBITDA	EV/EBIT	P/E	Forward P/E	Total Shares
Alaska Air (ALK)	7,286	8,207	1.02x	5.1x	6.7x	7.7x	12.5x	124124
Peer Data
American Airlines (AAL)	17,879	37,327	0.87x	5.7x	8.2x	10.5x	8.2x
Delta Air Lines (DAL)	35,580	44,164	1.02x	5.7x	8.0x	10.8x	8.8x
Hawaiian (HA)	2,023	2,057	0.73x	3.4x	4.1x	5.8x	7.2x
JetBlue Airways (JBLU)	5,450	5,814	0.80x	4.1x	5.9x	4.9x	10.8x
SkyWest (SKYW)	2,909	5,040	1.56x	7.2x	12.6x	6.6x	11.8x
Southwest Airlines (LUV)	30,318	30,691	1.44x	6.9x	8.9x	8.6x	12.3x
United Continental (UAL)	21,961	31,393	0.80x	5.7x	9.2x	11.4x	9.3x

for the airline industry for July 2018. (EV equals=enterprise value,

Book=equity book value). Suppose Alaska Air (ALK) has 124 million shares outstanding. Estimate Alaska Air's share value using each of the five valuation multiples, based on the median valuation multiple of the other seven airlines shown.

Calculate Alaska Air's share values using each of the five valuation multiples below:(Round the median to two decimal places. Round the share price to the nearest cent. Round the EV and market cap to the nearest integer.)

		EV/Sales
Alaska Air		1.0
Median (without ALK)
Implied EV	$
Implied market cap	$
Implied share price	$