You are given the following information: Stockholders' equity as reported on the firm's balance sheet...
70.2K
Verified Solution
Link Copied!
Question
Finance
You are given the following information: Stockholders' equity as reported on the firm's balance sheet - $4.75 billion, price/earnings ratio - 13, common shares outstanding - 58 million, and market/book ratio = 2.1. The firm's market value of total debt is $6 billion; the firm has cash and equivalents totaling $310 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. What is the firm's EV/EBITDA? Do not round intermediate calculations. Round your answer to two decimal places
Answer & Explanation
Solved by verified expert
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
Unlimited Question Access with detailed Answers
Zin AI - 3 Million Words
10 Dall-E 3 Images
20 Plot Generations
Conversation with Dialogue Memory
No Ads, Ever!
Access to Our Best AI Platform: Zin AI - Your personal assistant for all your inquiries!
