Suppose that in January $2006,$ Kenneth Cole Productions had sales of $$519$ million, EBITDA of $$59\mathrm{.}9$ million, excess cash of $$99$ million, $$3\mathrm{.}8$ million of debt, and $23$ million shares outstanding. Use the multiples approach to estimate KCP$\text{'}$s value based on the data from comparable firms given in the following table:

a$.$ Using the average enterprise value to sales multiple in the table above, estimate KCP sthare price.

b$.$ What range of share prices do you estimate based on the highest and lowest enterprise value to sales multiples in the table above.

c$.$ Using the average enterprise value to EBITDA multiple in the table above, estimate KCP share price.

d$.$ What range of share prices do you estimate based on the highest and lowest enterprise value to EBITDA multiples in the table above?

a$.$ Using the average enterprise value to sales multiple in the table above, estimate KCP$\text{'}$s share price.

KCP$\text{'}$s share price using the average enterprise value to sales multiple is $ $($Round to the nearest cent.$)$

Data table In the lmage below: