Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

FFDP Corp. has yearly sales of $28.2 million and costs of $12.3 million. The company's balance sheet shows debt of $54.2 million and cash of

image text in transcribed

FFDP Corp. has yearly sales of $28.2 million and costs of $12.3 million. The company's balance sheet shows debt of $54.2 million and cash of $38.2 million. There are 1,960,000 shares outstanding and the industry EV/EBITDA multiple is 7.7 What is the company's enterprise value? (Do not round intermediate calculations and enter your answer in dollars, not millions of dollars, rounded to the nearest whole number, e.g., 1,234,567.) What is the stock price per share? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) Enterprise value Stock price

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Foundations Of Personal Finance

Authors: Sally R. Campbell, Robert L. Dansby

9th Edition

1619603578, 9781619603578

More Books

Students also viewed these Finance questions

Question

Describe Freuds view of personality.

Answered: 1 week ago

Question

4. What would you do and why?

Answered: 1 week ago

Question

Describe how to measure the quality of work life.

Answered: 1 week ago

Question

What attracts you about this role?

Answered: 1 week ago

Question

How many states in India?

Answered: 1 week ago