Question
Firm XYZ has annual revenue of $387,000 with costs of $216,400. Depreciation is $48,900 and the tax rate is 30%. The firm has debt outstanding
Firm XYZ has annual revenue of $387,000 with costs of $216,400. Depreciation is $48,900 and the tax rate is 30%. The firm has debt outstanding with a market value of $182,000 along with 9,500 shares of stock that is selling at $67 per share. The firm has $48,000 of cash of which $29,500 is needed to run the business. What is the firm's EV/EBITDA ratio?
A. 6.20 B. 4.34 C. 5.57 D. 3.39 E. 3.93
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Distressed Debt Analysis Strategies For Speculative Investors
Authors: Stephen Moyer
1st Edition
1932159185, 978-1932159189
