Using Big Lots as a comparable firm, provide a valuation of Dollar Trees equity per share based on EV/EBITDA. Use the financial statements of Dollar Tree if necessary. Please note that the total debt of Dollar tree amounts to $500 million and a cash balance of $100 million.

Group of answer choices

$45.88

$62.34

$53.46

$50.56

CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Millions Feb. 03, 2018 $ 1,714.3 611.2 (473.5) 65.7 15.4 Cash flows from operating activities: Net income Depreciation and amortization Provision for deferred income taxes Stock-based compensation expense Amortization of debt discount and debt-issuance costs Receivable impairment Other non-cash adjustments to net income Merchandise inventories Prepaids and other current assets Accounts payable Income taxes payable Other current liabilities Other liabilities Net cash provided by operating activities 18.5 10.9 (300.9) (114.6) 54.5 (58.5) (22.7) (10.1) 1,510.2 Using Big Lots as a comparable firm, provide a valuation of Dollar Tree's equity per share based on EV/EBITDA. Use the financial statements of Dollar Tree if necessary. Please note that the total debt of Dollar tree amounts to $500 million and a cash balance of $100 million. $45.88 $62.34 $53.46 $50.56 Screenshot Previous * in billions MVE DEBT* EPS 3.7 1.2 Big Lots Dollar General Walmart EBITDA* 0.35 2.5 33 Cash 0.062 0.26 Price 30 106 94 0.62 2.9 28 6.78 1.75 273 9 61 - Selected Financial Statements of Dollar Tree CONSOLIDATED INCOME STATEMENTS - USD ($) Sin Millions Feb. 03, 2018 Income Statement [Abstract] Net sales $ 22,245.5 Cost of sales 15,223.6 Gross profit 7,021.9 SGA 5,004.3 Receivable impairment 18.5 Selling general and administrative expenses 5,022.8 Operating income 1,999.1 Interest expense, net 301.8 Other (income) expense, net (6.7) Income before income taxes 1,704 Provision for income taxes (10.3) Net income $ 1,714.3 Net income per share: Diluted earnings per share (usd per share) $7.21 CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Millions Feb. 03, 2018 $ 1,714.3 611.2 (473.5) 65.7 15.4 Cash flows from operating activities: Net income Depreciation and amortization Provision for deferred income taxes Stock-based compensation expense Amortization of debt discount and debt-issuance costs Receivable impairment Other non-cash adjustments to net income Merchandise inventories Prepaids and other current assets Accounts payable Income taxes payable 18.5 10.9 (300.9) (114.6) 54.5 (58.5) Screenshot