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Price Enterprise Value Sales Enterprise Value EBITDA E Book Average Maximum Minimum 23.99 + 81% - 45% 7.46 + 193% - 83% 2.17 + 96%

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Price Enterprise Value Sales Enterprise Value EBITDA E Book Average Maximum Minimum 23.99 + 81% - 45% 7.46 + 193% - 83% 2.17 + 96% - 80% 19.98 + 73% - 81% Suppose that in April 2019, Nike Inc. had sales of $36,375 million, EBITDA of $5,221 million, excess cash of $5,246 million, $3,814 million of debt, and 1,572.5 million shares outstanding a. Using the average enterprise value to sales multiple in the table here, , estimate Nike's share price. b. What range of share prices do you estimate based on the highest and lowest enterprise value to sales multiples in the table above? c. Using the average enterprise value to EBITDA multiple in the table above, estimate Nike's share price. d. What range of share prices do you estimate based on the highest and lowest enterprise value to EBITDA multiples in the table above? ..!!! a. Using the average enterprise value to sales multiple in the table above, estimate Nike's share price. Nike's share price using the average enterprise value to sales multiple will be $. (Round to the nearest cent.) b. What range of share prices do you estimate based on the highest and lowest enterprise value to sales multiples in the table above? The range of prices using the average enterprise value to sales multiple is as follows: The highest price will be $ (Round to the nearest cent.) The lowest price will be $ (Round to the nearest cent.) c. Using the average enterprise value to EBITDA multiple in the table above, estimate Nike's share price. Nike's share price using the average enterprise value to EBITDA multiple will be $ (Round to the nearest cent.) d. What range of share prices do you estimate based on the highest and lowest enterprise value to EBITDA multiples in the table above? The range of prices using the average enterprise value to EBITDA multiple is as follows: The highest price will be $ (Round to the nearest cent.) The lowest price will be $ (Round to the nearest cent.) Price Enterprise Value Sales Enterprise Value EBITDA E Book Average Maximum Minimum 23.99 + 81% - 45% 7.46 + 193% - 83% 2.17 + 96% - 80% 19.98 + 73% - 81% Suppose that in April 2019, Nike Inc. had sales of $36,375 million, EBITDA of $5,221 million, excess cash of $5,246 million, $3,814 million of debt, and 1,572.5 million shares outstanding a. Using the average enterprise value to sales multiple in the table here, , estimate Nike's share price. b. What range of share prices do you estimate based on the highest and lowest enterprise value to sales multiples in the table above? c. Using the average enterprise value to EBITDA multiple in the table above, estimate Nike's share price. d. What range of share prices do you estimate based on the highest and lowest enterprise value to EBITDA multiples in the table above? ..!!! a. Using the average enterprise value to sales multiple in the table above, estimate Nike's share price. Nike's share price using the average enterprise value to sales multiple will be $. (Round to the nearest cent.) b. What range of share prices do you estimate based on the highest and lowest enterprise value to sales multiples in the table above? The range of prices using the average enterprise value to sales multiple is as follows: The highest price will be $ (Round to the nearest cent.) The lowest price will be $ (Round to the nearest cent.) c. Using the average enterprise value to EBITDA multiple in the table above, estimate Nike's share price. Nike's share price using the average enterprise value to EBITDA multiple will be $ (Round to the nearest cent.) d. What range of share prices do you estimate based on the highest and lowest enterprise value to EBITDA multiples in the table above? The range of prices using the average enterprise value to EBITDA multiple is as follows: The highest price will be $ (Round to the nearest cent.) The lowest price will be $ (Round to the nearest cent.)

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