Answered step by step
Verified Expert Solution
Question
1 Approved Answer
please help Consider recent financials for Ellie's Essentials LLC: Balance Sheet Going forward, analysts have forecasted the following free cash flows: $2,550.00 in 2021, and
please help
Consider recent financials for Ellie's Essentials LLC: Balance Sheet Going forward, analysts have forecasted the following free cash flows: $2,550.00 in 2021, and $2,600,00 in 2022. After that point, analysts expect free cash flows to grow at 3.00%. The firm has no short-term debt or preferred stock, and there are 1,000 shares outstanding. The firm's cost of capital is 10.00%. You are trying to estimate the value of Doc McRuffins incorporated. It is a rival firm to Ellie's Essentials, but not publicly traded. You do know that Doo McRuffins has an EBITDA of $4,750 for 2020. Using multiples, what is a rough estimate for the enterprise value of Doc MaRutfins Answer format: Cumency: Round to: 2 decimal places Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started