Question
eBook Problem Walk-Through You are given the following information: Stockholders' equity as reported on the firms balance sheet = $3 billion, price/earnings ratio = 13.5,
eBook Problem Walk-Through You are given the following information: Stockholders' equity as reported on the firms balance sheet = $3 billion, price/earnings ratio = 13.5, common shares outstanding = 140 million, and market/book ratio = 1.2. The firm's market value of total debt is $5 billion, the firm has cash and equivalents totaling $260 million, and the firm's EBITDA equals $1 billion. What is the price of a share of the company's common stock? Do not round intermediate calculations. Round your answer to the nearest cent $ What is the firm's EV/EBITDA? Do not round intermediate calculations. Round your answer to two decimal places. |
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