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FFDP Corporation has yearly sales of $ 2 8 . 8 million and costs of $ 1 3 . 5 million. The company's balance sheet

FFDP Corporation has yearly sales of $28.8 million and costs of $13.5 million. The
company's balance sheet shows debt of $54.8 million and cash of $38.8 million. There
are 1,960,000 shares outstanding and the industry EV/EBITDA multiple is 8.3.
a. 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.)
b. What is the stock price per share? (Do not round intermediate calculations and
round your answer to 2 decimal places, e.g.,32.16.)
a. Enterprise value
b. Stock price
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