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Use the following to answer questions 26 through 30: Shamrock Inc. has total assets of $16 million including cash and marketable securities of $3 million,
Use the following to answer questions 26 through 30:
Shamrock Inc. has total assets of $16 million including cash and marketable securities of $3 million, debt of $2 million, book value of equity of $11 million and market value of equity of $33 million. Last year EBITDA was $4 million and net earnings were $2.2 million.
______29) The EV to EBITDA ratio is closest to:
A. 5 times B. 8 times C. 8.25 times D. 15 times
______30) The price to book ratio is closest to:
A. 2 times B. 3 times C. 5 times D. 8 times
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