Question
Solve this problem for me Suppose Rocky Brands has earnings per share of $ and EBITDA of $ million. The firm also has million shares
Solve this problem for me Suppose Rocky Brands has earnings per share of $ and EBITDA of $ million. The firm also has million shares outstanding and debt of $ million (net of cash). You believe Jared's Outdoor Corporation is comparable to Rocky Brands in terms of its underlying business, but Jared's has no debt. If Jared's has a P/E of and an enterprise value to EBITDA multiple of , estimate the value of Rocky Brands stock using both multiples. Which estimate is likely to be more accurate? Question content area bottom Part 1 Rocky Brands' stock value by using the P/E ratio is $ enter your response here per share.(Round to two decimal places.) The value of Rocky Brands by using the P/E ratio is $ enter your response here million. (Round to one decimal plac
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