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You are trying to estimate the share price for CS Storage Inc.and have the following data on the company: EBIT(Operating Profit)=$69,813 Depreciation Expense=$7,555 Debt=$74,753 Non-operating

You are trying to estimate the share price for CS Storage Inc.and have the following data on the company:

EBIT(Operating Profit)=$69,813

Depreciation Expense=$7,555

Debt=$74,753

Non-operating Assets=$15,000

Shares Outstanding=50,000

Using the industry averageEV/EBITDA multiple of11,what is CS Storage's share price?

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