Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

The market value of the equity of Nina, Incorporated, is $ 5 8 9 , 0 0 0 . The balance sheet shows $ 2

The market value of the equity of Nina, Incorporated, is $589,000. The balance sheet shows $28,000 in cash and $199,000 in debt, while the income statement has EBIT of $100,000 and a total of $144,000 in depreciation and amortization. What is the enterprise value-EBITDA multiple for this company? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g.,32.16.)
Enterprise value-EBITDA multiple
times
image text in transcribed

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

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

International Finance Theory And Policy

Authors: Paul R. Krugman, Maurice Obstfeld, Marc J Melitz,

11th Edition

013451954X, 9780134519548

More Books

Students also viewed these Finance questions

Question

How many applicants are you interviewing?

Answered: 1 week ago

Question

25.0 m C B A 52.0 m 65.0 m

Answered: 1 week ago

Question

Explain the place of planning in human resource management

Answered: 1 week ago