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The Kng Mattress Company had the followlng operatlng results for 2018-2019 In eddltlon. company p.ald S.'1derdE In both 2018 and 2019 ofS6ZEOO per year

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The Kng Mattress Company had the followlng operatlng results for 2018-2019 In eddltlon. company p.ald S".'1derdE In both 2018 and 2019 ofS6ZEOO per year and made capltal experZltureG In botfvyearE of 20.000 per year The companVE stock price In 2018 38 and S7 In 2019 The Industry average earn1rgE multlplefor the mattress Industry wag 9 In 2Cng ar,d the free cash tow ar,d ESeG mult[pleg were 18 and 1.3. respec%vely The company publlcty cwune and 1,200.000 of outstandlng stock at the end of 2019 112,aee 412 , 312,aee sss,aee 312,aee ave s2,eee '12, eee 3", eee 4es,eee 122, eee see 1 ae,eee (lae,eee) Balance Sheet, Dec Cash Accounts Receivable ln'k,ntor'j Total Current Assets Long-lived Assets Total Assets Current Liabilities Long-tert' Debt Shareholder Equity Total Debt and Equity Income Statement, for year 31, 281 s 252, eee 362, eeg 262, eee s7s,eee 212, eee 612, eee 2018 1,228, aee ess,aee 1, 232,aee ess,aee ended Dec 31, Sales Cost of Sales Grass Margin Operating Expenses Operating Income Taxes Wet lncce Cash Flcx From Operations Vet lnccme Plus Depreciation Expense (-inc) in Acc*ec. and Decrease Increase (-dec) in Cur. Lian. Cash Flu' from Operations $4,810, 4,148, Inv. 2818 42 see 2019 S 12, see se,a S 233, see The value of ye company. calculate the earn1rgE multlple for 2019 Is: croice O O O O Sl.sswco S '3, see se, ave S113,see so

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