Question
Lotharan Corp. has yearly sales of $28.4 million and costs of $12.7 million. The companys balance sheet shows debt of $54.4 million and cash of
Lotharan Corp. has yearly sales of $28.4 million and costs of $12.7 million. The companys balance sheet shows debt of $54.4 million and cash of $38.4 million. There are 1,960,000 shares outstanding and the industry EV/EBITDA multiple is 7.9. What is the companys enterprise value?
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Cost Accounting Principles And Managerial Applications
Authors: Gerald R. Crowningshield
3rd Edition
0395178371, 978-0395178379
