Question
ech Co. has 180 million shares outstanding and each share of Tech Co. trades at $800. The book value of equity for Tech Co. is
ech Co. has 180 million shares outstanding and each share of Tech Co. trades at $800. The book value of equity for Tech Co. is $37 per share. In the most recent quarter, Tech Co. has $12.95 billion in debt and $6.07 billion in cash holdings. The Enterprise Value for Tech Co. is ___________, which can be interpreted as____________
| a. | $156.90 billion; the book value of assets. | |
| b. | $150.88 billion; the price to take over the business. | |
| c. | $460.98 billion; the value of business plus inventory costs. | |
| d. | $126.88 billion; the market value of equity. |
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
Private Equity Value Creation Analysis Volume I
Authors: Michael David Reinard
1st Edition
1736077821, 978-1736077825
