Question
The market value of the equity of Ginger, Inc., is $635,000. The balance sheet shows $39,000 in cash and $215,000 in debt, while the income
The market value of the equity of
Ginger, Inc., is $635,000. The balance sheet shows $39,000 in cash and
$215,000 in debt, while the income statement has EBIT of $96,400 and a
total of $168,000 in depreciation and amortization. What is the enterprise
value-EBITDA multiple for this company?
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Analysis for Financial Management
Authors: Robert C. Higgins
12th edition
1259918963, 9781260140729 , 978-1259918964
