Question
USD mn 2011 2012 NI 10 15 Accumulated Depreciation 50 55 Interest expense (6) (8) Tax 30% 30% Dividend 5% 10% Current Assets 10 12
USD mn | 2011 | 2012 |
NI | 10 | 15 |
Accumulated Depreciation | 50 | 55 |
Interest expense | (6) | (8) |
Tax | 30% | 30% |
Dividend | 5% | 10% |
Current Assets | 10 | 12 |
Current Liabilities | 5 | 7 |
Gross Block | 55 | 78 |
Debt drawdown | 15 | 25 |
Debt repayment | (6) | (8) |
Equity balance in balance sheet | 15 | 25 |
The Cash balance of the Company in 2013 is 100m. Debt balance in 2013 is USD 70m. The Company is listed and is trading at price per share of USD 2/ share. Outstanding share of the Company is 100m number of shares. Free cash of the Company is USD 10m. Please calculate the EV of the Company?
Select one:
a.
USD 300m
b.
USD 260m
c.
USD 170m
d.
USD 210m
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started