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Suppose that in April 2019, Nike had sales of $36,397 million, EBITDA of $5,219 million, excess cash of $5,245 million, $3,810 million of debt, and 1,573.8 million shares outstanding. Complete the steps below using cell references to given data or previous calculations. In some cases, a simple cell reference is all you need. To copy/paste a formula across a row or down a column, an absolute cell reference or a mixed cell reference may be preferred. If a specific Excel function is to be used, the directions will specify the use of that function. Do not type in numerical data into a cell or function. Instead, make a reference to the cell in which the data is found. Make your computations only in the blue cells highlighted below. In all cases, unless otherwise directed, use the earliest appearance of the data in your formulas, usually the Given Data section. a. Using the average enterprise value to sales multiple in Table 10,1, 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 Table 10.1 ? c. Using the average enterprise value to EBITDA multiple in Table 10.1, 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 Table 10.1? All Ratios as of April 2019 a. Using the average enterprise value to sales multiple in Table 10.1, 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 Table 10.1? c. Using the average enterprise value to EBITDA multiple in Table 10.1, estimate Nike's share price. Enterprise value (million) Share price estimate d. What range of share prices do you estimate based on the highest and lowest enterprise value to EBITDA multiples in Table 10.1

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