Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Kourtneys Kayaks has equity worth $800 million, debt worth $300 million, and cash of $100 million. Suppose Kourtneys Kayaks has EBITDA of $200 million. What
Kourtneys Kayaks has equity worth $800 million, debt worth $300 million, and cash of $100 million. Suppose Kourtneys Kayaks has EBITDA of $200 million. What is the EV to EBITDA ratio? Select one:
a. 1.5
b. 5.0
c. 4.0
d. 5.5
e. 6.0
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started