Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

If using an average (median) EV/Sales multiple of 2.3, and your company of interest has sales of 100,000, what is the enterprise value of your

If using an average (median) EV/Sales multiple of 2.3, and your company of interest has sales of 100,000, what is the enterprise value of your firm of interest when using the comparative approach to valuation?

A.) $320,000

B.) $230,000

C.) $210,000

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

Introduction To Financial Technology

Authors: Roy S. Freedman

1st Edition

0123704782, 9780123704788

More Books

Students also viewed these Finance questions