Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

The market value of the equity of Nina, Incorporated, is $590,000. The balance sheet shows $29.000 in cash and $200,000 in debt, while the income

image text in transcribed
The market value of the equity of Nina, Incorporated, is $590,000. The balance sheet shows $29.000 in cash and $200,000 in debt, while the income statement has EBIT of $101.000 and a total of $145,000 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

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

Auditor Because Freaking Miracle Worker Is Not A Job Title

Authors: Auditor Publishing

1st Edition

B0863X5YGQ, 979-8624478718

More Books

Students also viewed these Accounting questions