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Curry Corporation has the following selected data. Sales 1,000 Depreciation Exp. 100 EBIT 300 Net Income 130 Cash 100 Debt 800 SH Equity 900 (from
Curry Corporation has the following selected data.
Sales 1,000
Depreciation Exp. 100
EBIT 300
Net Income 130
Cash 100
Debt 800
SH Equity 900 (from balance sheet)
If companies in this industry have an Enterprise Value to EBITDA multiple of 11x, what would be the implied value of 100% of the common stock of Curry Corporation?
a. | 5,200 | |
b. | 10,300 | |
c. | 1,530 | |
d. | 12,000
| |
e. | 830 | |
f. | 10,200 | |
g. | 3,700 | |
h. | 5,100 | |
i. | 11,000 | |
j. | 730 | |
k. | 3,600 |
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