Question
In November 2018, Delta Air Lines. (DAL) had a share price of $39.20. They had 91.33 million shares outstanding, a market-to-book ratio of 3.76. In
In November 2018, Delta Air Lines. (DAL) had a share price of $39.20. They had 91.33 million shares outstanding, a market-to-book ratio of 3.76. In addition, DAL had $845.01 million in outstanding debt, $163.82 million in net income, and cash of $257.09 million. DALs enterprise value in 2018 is closest to:
A. $1.79 billion. B. $3.58 billion. C. $4.17 billion. D. $2.99 billion
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Scaling Up Compensation 5 Design Principles For Turning Your Largest Expense Into A Strategic Advantage
Authors: Verne Harnish, Sebastian Ross
1st Edition
1955884188, 978-1955884181
