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Use the tabie for the question(s) below. The table above shows the stock prices and multiples for a number of firms in the newspaper publishing

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Use the tabie for the question(s) below. The table above shows the stock prices and multiples for a number of firms in the newspaper publishing industry. Another newspaper pulilishing firm (nct shown) had sales of $600 million, EBITDA of $84 milion, excess cash of $66 million, $18 million of debt, and 120 million shares outstanding. If the average enterprise value to sales for comparable businesses is used, which of the following is the best estimate of the firm's share orice? A. $7.15 B. $7,00 C. $6.44 D. $7.51

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