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- X Data table (Click on the following icon in order to copy its contents into a spreadsheet.) Price Book E 15.01 2.84 Average Maximum

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- X Data table (Click on the following icon in order to copy its contents into a spreadsheet.) Price Book E 15.01 2.84 Average Maximum Enterprise Value Enterprise Value Sales EBITDA 1.06 8.49 + 106% + 27% -56% - 22% + 51% + 186% - 61% Minimum - 42% Print Done Suppose that in January 2006 Kenneth Cole Productions had sales of $519 million, EBITDA of $57.1 million, excess cash of $100 million, $4.1 million of debt, and 20 million shares outstanding. Use the multiples approach to estimate KCP's value based on the following data from comparable firms: E. a. Using the average enterprise value to sales multiple in the table above, estimate KCP's share price. b. What range of share prices do you estimate based on the highest and lowest enterprise value to sales multiples in the table above. c. Using the average enterprise value to EBITDA multiple in the table above, estimate KCP's share price. d. What range of share prices do you estimate based on the highest and lowest enterprise value to EBITDA multiples in the table above? a. Using the average enterprise value to sales multiple in the table above, estimate KCP's share price. KCP's share price using the average enterprise value to sales multiple will be $ (Round to the nearest cent.) b. What range of share prices do you estimate based on the highest and lowest enterprise value to sales multiples in the table above. The highest price will be $ (Round to the nearest cent.) The lowest price will be $ (Round to the nearest cent.) c. Using the average enterprise value to EBITDA multiple in the table above, estimate KCP's share price. KCP's share price using the average enterprise value to EBITDA multiple will be $ $ . (Round to the nearest cent.) d. What range of share prices do you estimate based on the highest and lowest enterprise value to EBITDA multiples in the table above? The highest price will be $ (Round to the nearest cent.) The lowest price will be $ (Round to the nearest cent.)

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