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You are given the following information: Stockholders' equity as reported on the firm's balance sheet = $2.75 billion, price/earnings ratio = 9.5, common shares outstanding
You are given the following information: Stockholders' equity as reported on the firm's balance sheet = $2.75 billion, price/earnings ratio = 9.5, common shares outstanding = 40 million, and market/book ratio = 2.8. The firm's market value of total debt is $8 billion; the firm has cash and equivalents totaling $200 million; and the firm's EBITDA equals $3 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. What is the firm's EV/EBITDA? Do not round intermediate calculations. Round your answer to two decimal places
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