Question
Russell's has annual revenue of $406,000 with costs of $227,800. Depreciation is $54,600 and the tax rate is 21 percent. The firm has debt outstanding
Russell's has annual revenue of $406,000 with costs of $227,800. Depreciation is $54,600 and the tax rate is 21 percent. The firm has debt outstanding with a market value of $229,500 along with 15,200 shares of stock that is selling at $48 a share. The firm has $59,400 of cash of which $31,400 is needed to run the business. What is the firm's EV/EBITDA ratio?
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The Ascendancy Of Finance
Authors: Joseph Vogl, Simon Garnett
1st Edition
1509509305, 978-1509509300
