Question
The target company has sales of $2 million, net income of $1 million, and cash flows to equity of $1.1 million. The industry P/E ratio
The target company has sales of $2 million, net income of $1 million, and cash flows to equity of $1.1 million. The industry P/E ratio is 16.5. What is the valuation of the target company?
Group of answer choices
$18.15 million
$33 million
$16.5 million
$10 million
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The Psychology Of Money Timeless Lessons On Wealth Greed And Happiness
Authors: Morgan Housel
1st Edition
978-0857199096
