Answered step by step
Verified Expert Solution
Question
1 Approved Answer
CSH has EBITDA of $6 million. You feel that an appropriate EV/EBITDA ratio for CSH is 9 . CSH has $11 million in 6obt, $2
CSH has EBITDA of $6 million. You feel that an appropriate EV/EBITDA ratio for CSH is 9 . CSH has $11 million in 6obt, $2 mition in cash, and 800,000 shures outstanding. What is your estimate of CSH's stock price? The estimate of CSH's stock price is (Round to the nearest cent.)
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started
Principles Of Managerial Finance
Authors: Lawrence J. Gitman, Chad J. Zutter
13th Edition
