Use the financial data (below) for Tukker Tuna Inc. to construct a one-year ahead forecast of the companys debt balance. The company's most recent reported
Use the financial data (below) for Tukker Tuna Inc. to construct a one-year ahead forecast of the companys debt balance. The company's most recent reported financials are:
EBITDA = $100 million
Debt balance = $230 million
Analysts expect EBITDA to grow by 10% next year and they expect the debt to EBITDA ratio to decrease by 0.30x.
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Authors: Mike E. Miles, Laurence M. Netherton, Adrienne Schmitz
5th Edition
0874203430, 978-0874203431
