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The market value of the equity of Hudgins, Inc., is $585,000. The balance sheet shows $24,000 in cash and $195,000 in debt, while the income
The market value of the equity of Hudgins, Inc., is $585,000. The balance sheet shows $24,000 in cash and $195,000 in debt, while the income statement has EBIT of $96,000 and a total of $140,000 in depreciation and amortization. What is the enterprise value-EBITDA multiple for this company?
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