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In addition to footwear, Kenneth Cole Productions designs and sources handbags, apparel, and other accessories. You decide, therefore, to consider comparables for KCP outside the

In addition to footwear, Kenneth Cole Productions designs and sources handbags, apparel, and other accessories. You decide, therefore, to consider comparables for KCP outside the footwear industry..
a. Suppose that Fossil, Inc., has an enterprise value to EBITDA multiple of 9.73 and a P/E multiple of 18.4. What share price would you estimate for KCP using each of these multiples, based on the data for KCP in problems 25 and 26?
b. Suppose that Tommy Hilfiger Corporation has an enterprise value to EBITDA multiple of 7.19 and a P/E multiple of 17.2. What share price would you estimate for KCP using each of these multiples based on the data in Problems 25 and 26?
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