In addition to$$ footwear, Kenneth Cole Productions designs and sells$$ handbags, apparel, and other accessories. You$$ decide, therefore, to consider comparables for KCP outside the footwear industry. You also know the following about$$ KCP: it has sales of $ $518$million$,$ EBITDA of $ $55\mathrm{.}6$million$,$ excess cash of $ $100$million$,$ $ $3$ million of$$ debt, EPS of $ $1\mathrm{.}65,$ book value of equity of $ $12\mathrm{.}05$ per$$ share, and $21$ million shares outstanding.

a$.$ Suppose that$$ Fossil, Inc., has an enterprise value to EBITDA multiple of $10\mathrm{.}13$ and a$$ P$/$E multiple of $16\mathrm{.}35.$ What share price would you estimate for KCP using each of these$$ multiples, based on the data for$$ KCP$?$

b$.$ Suppose that Tommy Hilfiger Corporation has an enterprise value to EBITDA multiple of $8\mathrm{.}11$ and a$$ P$/$E multiple of $16\mathrm{.}14.$ What share price would you estimate for KCP using each of these multiples based on the data for$$ KCP$?$