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Use the information for the question(s) belou. Suppose that Texas Trucking (TT) has earnings per share of $3.45 and EBITA of $45 million. TT also

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Use the information for the question(s) belou. Suppose that Texas Trucking (TT) has earnings per share of $3.45 and EBITA of $45 million. TT also has 5 million st outstanding and debt of $150 million (net of cash). You believe that Oklahoma Logistics and Transport (OLT) comparable to TT in terms of its underlying business, but OLT has no debt. OLT has a P/E of 12.5 and an enterpris value to EBITA multiple of 7. 27) Based upon the price earmings multiple of OLT, the value of a share of Texas Trucking is dlosest to: A) $24.15 B) $27.60 C) $43.10 D) $49.30 nswer- 28) Based upon the enterprise value to EBITA ratio of OLT, the value of a share of Texas Trucking is closest to: A) $82.50 C) $43.10 D) $21.25 B) $33.00 swer_

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