Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Jul 13, 2024

The market price of a stock is 42.50/share. There are 1550 shares outstanding. The firm has line items of 1500 in cash, 20,000 in total

The market price of a stock is 42.50/share. There are 1550 shares outstanding. The firm has line items of 1500 in cash, 20,000 in total debt, and 7,000 in earnings before interest, taxes, depreciation, and amortization. The book value of its stock is 30/share. What is the EBITDA ratio of this stock?

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

Recommended Textbook for

Foundations Of Statistics For Data Scientists With R And Python

Authors: Alan Agresti

1st Edition

0367748452, 978-0367748456

More Books

Students also viewed these Finance questions

Question

★★★★★

The stock of Business Adventures sells for $40 a share. Its likely dividend payout and end-of-year price depend on the state of the economy by the end of the year as follows: ____________________...

Answered: 1 week ago

Question

★★★★★

What are the effects of asking highly skilled performers to consciously attend to their movements?

Answered: 1 week ago

Question

★★★★★

2. Give anxious students practice in speaking before smaller groups.

Answered: 1 week ago

Question

★★★★★

On August 20, Mr. and Mrs. Cleaver decided to buy a property from Mr. and Mrs. Ward for $105,000. On August 30, Mr. and Mrs. Cleaver obtained a loan commitment from OKAY National Bank for an $84,000...

Answered: 1 week ago

Question

★★★★★

DIRECTIONS: Taxable earnings should be computed on the basis of a 40-hour week with overtime earnings being paid at time and one-half for all hours over 40 each workweek (no overtime for salaried...

Answered: 1 week ago

Question

★★★★★

Current Attempt in Progress Blossom Company constructed a building at a cost of $2,706,000 and occupied it beginning in January 2001. It was estimated at that time that its life would be 40 years,...

Answered: 1 week ago

Question

★★★★★

Calculated and so for the following set of paired data. Calculate each paired difference by subtracting the values in Group A from the corresponding values in Group B. Round your answer to three...

Answered: 1 week ago

Question

★★★★★

On average, the number of days it takes for a caterpillar to become a butterfly is 18 days with a standard deviation of 2.5 days. Fill in the values for the normal curve for the time to sell out....

Answered: 1 week ago

Question

★★★★★

Exercise 1 Jam llc unexpectedly executed a share buy-back. Before the buy-back the number of outstanding shares was 11,123,000, the market price of one share was $2.04 and the return on levered...

Answered: 1 week ago

Question

★★★★★

1. Suppose the random variable X represents the failure or not of Edward's speaker woofer while listening to reggae on Friday. Assume there is probability 0.8 that Edward blows up his woofer (woofer...

Answered: 1 week ago

Question

★★★★★

Please use the following topology to complete the following tasks. INTERFACE IP ADDRESS SO/0 7172.16.1.2/26 Loopback 10 10.10.10.3/25 R1 S0/0 (DCE). 172.16.1.1/26 R3 Loopback20 10.20.20.3/28...

Answered: 1 week ago

Question

★★★★★

Why did Hostess Brands Inc. go into bankruptcy?

Answered: 1 week ago

Question

★★★★★

Did unions act in the best interests of the workers they represented? Did the two unions involved follow the same strategy?

Answered: 1 week ago

Question

★★★★★

Imagine that Serious Materials has hired you as an HR consultant for the Chicago window factory. Suggest how the company can build on its initial goodwill with workers to create positive labor...

Answered: 1 week ago

Previous Question Next Question