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Find the market value of equity for the subject company given the following information. SHOW ALL WORK. Subject company sales = $56,000,000 Subject company net

Find the market value of equity for the subject company given the following information. SHOW ALL WORK.

Subject company sales = $56,000,000 Subject company net income = $9,000,000 Subject company total liabilities = $26,000,000 Subject company interest-bearing debt = $18,000,000 Guideline company market value of invested capital = $120,000,000 Guideline company sales = $1600,000,000

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