Question
you are given the following information: Stockholders' equity as reported on the firms balance sheet = $5.25 billion, price/earnings ratio = 21.5, common shares outstanding
you are given the following information: Stockholders' equity as reported on the firms balance sheet = $5.25 billion, price/earnings ratio = 21.5, common shares outstanding = 70 million, and market/book ratio = 2.8. The firm's market value of total debt is $7 billion; the firm has cash and equivalents totaling $340 million; and the firm's EBITDA equals $1 billion. What is the price of a share of the company's common stock? Do not round intermediate calculations. Round your answer to the nearest cent. $ 7.40 What is the firm's EV/EBITDA? Do not round intermediate calculations. Round your answer to two decimal places.
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