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Intro Below is the balance sheet for Magic Card Corp. as of Dec. 31, 2014. EBITDA is expecte to be $53 million and there are
Intro Below is the balance sheet for Magic Card Corp. as of Dec. 31, 2014. EBITDA is expecte to be $53 million and there are 12 million shares outstanding Assets ($ million) Liabilities and Equity (5 million) Cash 8 Accounts payable Marketable securities 2 Notes payable Accounts receivable 7 Total current liabilities 27 Inventory 38 Long-term debt Total current assets 55 Total liabilities Machines 34 Paid-in capital Real estate 80 Retained earnings Total fixed assets 114 Total equity Total assets 169 Total liab. & equity 169 creenshot C o r card industry has an average enterprise value over EBITDA ratio of 7.6. Attempt 1/3 for 10 pts. Part 1 IB What is Magic's estimated enterprise value (in $ million)? No decimals Submit IB Attempt 1/3 for 10 pts. Part 2 What is the company's estimated market value of equity in $ milioni? No decimals Part 3 What is the company's estimated share price in $)
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