Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. a company has 58 million shares trading at $5.03 p

A company has 58 million shares trading at $5.03 per share. The balance sheet shows...

90.2K

Verified Solution

Question

Accounting

A company has 58 million shares trading at $5.03 per share. The balance sheet shows debt of $140 million and cash of $17 million. The income statement reports depreciation and amortization of $8 million, EBIT of $49 million and net interest expense of $34 million . What is the company's EV/EBITDA ratio (to one decimal place)

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: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

Tell how UV-vis spectrometry can be used to differentiate the following compounds. Calculate approximate ymax values...

Chemistry
Q

What is the net charge of the dipeptide Glu-Ala at pH=4.1, given the following data for...

Chemistry
Q

3. Consider the following possible ligands. For which of these do you expect back-bonding to be...

Chemistry
Q

Describe six symptoms associated with damage to the dorsolateral prefrontal cortex and briefly describe the tests you...

Medical Sciences
Q

Select Subject C from the SIMULATION pane. Identify each of subject C's chromosomes, and place...

Biology
Q

Choose the correct answer In the United States Supreme Court case it was ruled gerrymandering...

Biology
Q

At a place true dip is 45 and apparent dip is 60 If plane of...

Physics
Q

Sketch a graph of f x 5 4 3 2 1 S 4 3 2...

Algebra
Q

Find the graph of y tan 2x A He B 2 D

Algebra
Q

Hiram's Lakeside is a popular restaurant located on Lake Washington in Seattle. The owner of...

Accounting
Q

Check my work Exercise 7-9 Writing off receivables LO P2 Daley Company estimates uncollectible accounts...

Accounting
Q

The equity sections for Atticus Group at the beginning of the year (January 1) and...

Accounting