FREE Trial
Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

please show work 2017 EBITDA 800 1200 37. Assume that in 2017 the company was purchased for a 7x multiple, using $3,400 of debt. Assume

please show work
image text in transcribed
2017 EBITDA 800 1200 37. Assume that in 2017 the company was purchased for a 7x multiple, using $3,400 of debt. Assume that in 2020 the company is sold for a 7x multiple, and there was $2,400 of debt outstanding when the company was sold. What is the equity return? 2020

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

History Of Financial Institutions Essays On The History Of European Finance 1800–1950

History Of Financial Institutions Essays On The History Of European Finance 1800–1950

Authors: Carmen Hofmann , Martin L. Müller

1st Edition

1138325007, 978-1138325005

More Books

Students also viewed these Finance questions

Question

★★★★★
You are performing a study about weekly per capita milk consumption. A previous study found weekly per capita milk consumption to be normally distributed, with a mean of 48.7 fluid ounces and a...

Answered: 1 week ago

Question

★★★★★
Consider a crystal containing N sites. Let's "fill" these sites with NA atoms of an element "A" and leave Nv empty sites (vacancies) (N= NA + Nv). Calculate the entropy of mixing (linked to the...

Answered: 1 week ago

Question

★★★★★
Anna is embarrassed that it takes her several minutes to parallel park her car. She usually gets out of the car once or twice to inspect her distance, both from the curb and from the nearby cars....

Answered: 1 week ago

Question

★★★★★
Gulf Coast Fashions sells both designer and moderately priced womens wear in Tampa. Profits have been volatile. Top management is trying to decide which product line to drop. Accountants have...

Answered: 1 week ago

Question

★★★★★
please show work 2017 EBITDA 800 1200 37. Assume that in 2017 the company was purchased for a 7x multiple, using $3,400 of debt. Assume that in 2020 the company is sold for a 7x multiple, and there...

Answered: 1 week ago

Question

★★★★★
The Bradiord Company issued 10\% bonds, dated January 1, with a foce amount of $94 million on January 1, 2021. The bonds mature on December 31, 2030 (10 years). For bonds of similar tisk and...

Answered: 1 week ago

Question

★★★★★
The well-insulated, rigid storage tank in the figure below contains air and carbon dioxide, separated by a moveable divider that allows for heat transfer to occur between the two gases. If the air...

Answered: 1 week ago

Question

★★★★★
53. The following are production and cost data for two products, buckets and pails, produced in batches of 600 each. Contribution margin per batch Machine set-ups needed per batch Buckets Pails $360...

Answered: 1 week ago

Question

★★★★★
Use the following is the equilibrium phase diagram for the iron-carbon system to answer the following questions. (Please round compositions to the nearest 0.1 wt.% in your answers and calculations)...

Answered: 1 week ago

Question

★★★★★
Allicyn is building a development dashboard. She discovers she needs to have more focus on factors that explain why certain decisions are made that affect her part of the supply chain. Which area is...

Answered: 1 week ago

Question

★★★★★
4.18 Consider the following CO oxidation reactions: VERVIE k CO + OH / CO+H of chemical me k 2 CO + O2 CO2 + 0, shemu where k (cm/gmol-s) = 1.17 107 T (K) 1.35 exp[+3000/RT (K)], k (cm/ ms, the...

Answered: 1 week ago

Question

★★★★★
14-16 What could have been done to mitigate the risks of these projects?

Answered: 1 week ago

Question

★★★★★
14-15 Classify and describe the problems encountered by the UCMS projects. What management, organization, and technology factors were responsible for these problems?

Answered: 1 week ago

Question

★★★★★
14-14 Why was unemployment compensation modernization a risky project in Pennsylvania? Identify the key risk factors.

Answered: 1 week ago

Previous Question Next Question