Question
ou are given the following information: Stockholders' equity as reported on the firms balance sheet = $5.25 billion, price/earnings ratio = 22, common shares outstanding
ou are given the following information: Stockholders' equity as reported on the firms balance sheet = $5.25 billion, price/earnings ratio = 22, common shares outstanding = 180 million, and market/book ratio = 2.6. The firm's market value of total debt is $8 billion, the firm has cash and equivalents totaling $250 million, and the firm's EBITDA equals $2 billion.
What is the price of a share of the company's common stock? Do not round intermediate calculations. Round your answer to the nearest cent.
What is the firm's EV/EBITDA? Do not round intermediate calculations. Round your answer to two decimal places.
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