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Suppose Healey Corp. has the following characteristics: Shares outstanding: 68,500 Current share price: $13.50 Total debt: $438,500 Total cash: $63,100 Based on the formula above,

Suppose Healey Corp. has the following characteristics: Shares outstanding: 68,500 Current share price: $13.50 Total debt: $438,500 Total cash: $63,100 Based on the formula above, what is the enterprise value of this company?

  • $948,850

  • $1,300,150

  • $1,500,400

  • $880,900

  • $1,125,600

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