Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. finance
  3. p e suppose that in july 2013 nike inc. had sales

P E Suppose that in July 2013 Nike Inc. had sales of $25,345 million, EBITDA...

70.2K

Verified Solution

Question

Finance

image
P E Suppose that in July 2013 Nike Inc. had sales of $25,345 million, EBITDA of $3,249 million, excess cash of $3,343 million, 51,397 million of debt, and 900.9 million shares outstanding Price Enterprise Value Enterprise Value Book Sales EBITDA Average 29.84 2.44 1.12 9.76 Maximum + 136% + 70% +55% + 86% Minimum - 62% - 63% -48% -34% a. Using the average enterprise value to sales multiple in the table above, estimate Nike's share price. b. What range of share prices do you estimate based on the highest and lowest enterprise value to sales multiples in the table above? c. Using the average enterprise value to EBITDA multiple in the table above, estimate Nike's share price. d. What range of share prices do you estimate based on the highest and lowest enterprise value to EBITDA multiples in the table above? a. Using the average enterprise value to sales multiple in the table above, estimate Nike's share price. Nike's share price using the average enterprise value to sales multiple will be $ 1.12. (Round to the nearest cent.)

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

use the tables of compound interest to look up the value of the factors. Do not...

Civil Engineering
Q

How to formulate a hypothesis? and test and verify it? ( i need very good EXAMPLES...

General Management
Q

Show that the number of triangulations of a regular n-gon is the same as the number...

Advance Math
Q

Please answer this question based on Samsung company. 1. What do you think are the core...

General Management
Q

What is the accountant's role in the AIS development (or upgrade or implementation) process? Should accountants play...

Accounting
Q

Which enzyme makes single strand breaks in DNA backbones a Exonuclease b Topoisomerase c Helicase...

Biology
Q

5 Assume that 1 000 is deposited in the bank and that each bank loans...

Basic Math
Q

Add the polynomials: (-x^4 - 2x + 5) + ( -11x - 12x - 1)

Basic Math
Q

28 7 Jo arctan 2x dx Copyright 2021 Cengage Learning All Rights Reservec Copyright 2021...

Calculus
Q

Beyer Company is considering the purchase of an asset for $240,000. It is expected to...

Accounting
Q

On June 1, 2017, Royal Palm Company sold 6,000 of its 12%, 20-year, $1,000 face...

Accounting
Q

construction accounting problem An electrical contractor has a...

Accounting