Question
Last Year, a corporation had a book value of equity of $25 million of USDs, 3 million shares outstanding, and a market price of $12
"Last Year, a corporation had a book value of equity of $25 million of USDs, 3 million shares outstanding, and a market price of $12 per share. The corporation also had cash of $8 million of USDs, and total debt of $90 million USDs. What was the corporation's enterprise value, in million USDs?Note: Express your answers in strictly numerical terms.
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Fundamental Accounting Principles
Authors: John J Wild, Ken Shaw
25th Edition
1260247988, 978-1260247985
