Question
Russell's has annual revenue of $415,000 with costs of $233,200. Depreciation is $57,300 and the tax rate is 21 percent. The firm has debt outstanding
Russell's has annual revenue of $415,000 with costs of $233,200. Depreciation is $57,300 and the tax rate is 21 percent. The firm has debt outstanding with a market value of $252,000 along with 17,900 shares of stock that is selling at $39 a share. The firm has $64,800 of cash of which $32,300 is needed to run the business. What is the firm's EV/EBITDA ratio?
EV/EBITDA ratio =
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Personal Finance
Authors: Jeff Madura, Hardeep Singh Gill
3rd Canadian Edition
978-0133035575, 133035573, 978-0133970524, 133970523, 978-0134040042
