Question
The enterprise value for Acuna Corporation is $100,000,000. The company has interest bearing debt worth $40,000,000, and cash valued at $10,000,000. The company has 7,000,000
The enterprise value for Acuna Corporation is $100,000,000. The company has interest bearing debt worth $40,000,000, and cash valued at $10,000,000. The company has 7,000,000 shares outstanding. If the company has a P/E ratio of 20, what is the earnings per share over the last 12 months?
Question 4 options:
|
| $1.00 |
|
| $0.93 |
|
| $1.11 |
|
| $0.67 |
|
| $0.50 |
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started
Mergers Acquisitions And Other Restructuring Activities
Authors: Donald DePamphilis
9th Edition
0128016094, 978-0128016091
