Suppose that in July 2013, Nike Inc. had sales of $ 25 comma 377$25,377 million, EBITDA of $ 3 comma 262$3,262 million, excess cash of $ 3 comma 338$3,338 million, $ 1 comma 384$1,384 million of debt, and 891.3891.3 million shares outstanding.

Using the average enterprise value to sales multiple in the table above, estimate Nike's share 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 Nike's 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?