Question
Kurts interiors has annual revenue of $506,000 with costs of $369,400. Depreciation is $64,900 and the tax rate is 21 percent. The firm has debt
Kurts interiors has annual revenue of $506,000 with costs of $369,400. Depreciation is $64,900 and the tax rate is 21 percent. The firm has debt outstanding with a market value of $240,000 along with 7,500 shares of stock that is valued at $87 a share. The firm has $51,200 of cash, all of which is needed to run the business. What is the firms EV/EBITDA ratio?
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Public Finance In Canada
Authors: Harvey S. Rosen, Wen, Snoddon
4th Canadian Edition
0070071837, 978-0070071834
