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PROBLEM: COMPUTING ENTERPRISE VALUE In December 2017, XYZ Co., had the following accounting and financial figures: Share price: $46.15 Shares outstanding: 316.2 million Market-to-book ratio:

PROBLEM: COMPUTING ENTERPRISE VALUE In December 2017, XYZ Co., had the following accounting and financial figures: Share price: $46.15 Shares outstanding: 316.2 million Market-to-book ratio: 7.99 - Cash: $562.3 million Debt-to-equity (book): 2.64 - 1. What was XYZ's market capitalization? 2. What was its enterprise value? + Page of 33 ZOOM 21 PROBLEM: COMPUTING ENTE RPRISE VALUE In December 2017, XYZ Co., had the following accounting and financial figures: Share price: $46.15 Shares outstanding: 316.2 million Market-to-book ratio: 7.99 Cash: $562.3 million Debt-to-equity (book): 2.64 1. What was XYZ's market capitalization? 2. What was its enterprise value? Why Profits and Cash Flow Differ (1)

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