Please set D to 6.

Please show all work for parts A and B! Thanks

4. SOMA Corp. is contemplating an acquisition of ITF Co. and wants to determine an appropriate value to pay for ITF's equity using comparable transactions analysis. It has identified three recent comparable transactions and has compiled the following information (all values in this problem are in billions): Total Paid Book Value - Target Transaction A $47.1 $15.7 Transaction B $(28 +D) $12.8 Transaction C $15.2 $6.6 LTM Net Income - Target LTM Sales - Target $2.1 $34.2 $2.3 $46.4 $2.0 $40.6 a. For each of the transactions, calculate the following ratios and the average ratio across transactions: Total Paid/Book; Total Paid/Net Income; and Total Paid/Sales. b. Suppose that ITF has a Book Value of $19.0, LTM Net Income of $2.9, and LTM Sales of $63.0. Calculate the implied value of equity of ITF using each of the ratios from (a), and provide a recommended price for SOMA to pay