Question
Mars Inc. for the last 12 months has the following financial information: Balance sheet Total Liabilities - Php 9,000,000 Income statement Sales - Php 20,000,000
Mars Inc. for the last 12 months has the following financial information:
Balance sheet Total Liabilities - Php 9,000,000
Income statement Sales - Php 20,000,000 Gross Profit - Php 5,000,000 OPEX - Php 2,000,000
Financial Ratios Debt to equity ratio - 3:1 Dividend yield ratio - 10% Dividend pay-out ratio - 0.20:1
Baron Family, inc. is planning to sell 20% of its business and would like to calculate the value of its business using various valuation methods.
How much is the value of 20% of the business using Multiples of Earning Valuation Method assuming appropriate multiplier of 1.5?
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Core Concepts Of Accounting Information Systems
Authors: Nancy A. Bagranoff, Mark G. Simkin, Carolyn Strand Norman
11th Edition
9780470507025, 0470507020
