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North Corp. has yearly sales of $ 2 8 million and cost of $ 1 2 million. The company s balance sheet shows debt of

North Corp. has yearly sales of $28 million and cost of $12 million. The companys balance sheet shows
debt of $54 million and cash of $18 million. There are 950,000 shares outstanding and the industry
EV/EBITDA multiple is 7.5.
- What is the companys enterprise value?
- What is the stock price per share?

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