Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

CSH has EBITDA of $4 million. You feel that an appropriateEV/EBITDA ratio for CSH is 7. CSH has $9 million indebt, $2 million incash, and

CSH has EBITDA of $4 million. You feel that an appropriateEV/EBITDA ratio for CSH is 7. CSH has $9 million indebt, $2 million incash, and 750,000 shares outstanding. What is your estimate ofCSH's stockprice?

The estimate ofCSH's stock price is ___?___

Step by Step Solution

There are 3 Steps involved in it

Step: 1

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_2

Step: 3

blur-text-image_3

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

Essentials of Managerial Finance

Authors: Scott Besley, Eugene F. Brigham

14th edition

324422709, 324422702, 978-0324422702

More Books

Students also viewed these Finance questions

Question

3. Show your interest in your students as individuals.

Answered: 1 week ago

Question

What is one of the skills required for independent learning?Explain

Answered: 1 week ago