Calculate a market value of equity for the subject company given the following information: Subject...

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Finance

  1. Calculate a market value of equity for the subject company given the following information:

    Subject company sales = $28,000,000

    Subject company net income = $4,500,000

    Subject company total liabilities = $13,000,000

    Subject company interest-bearing debt = $9,000,000

    Median guideline company market value of invested capital = $60,000,000

    Median guideline company sales = $80,000,000

    a.

    $28,333,000

    b.

    $15,000,000

    c.

    $12,000,000

    d.

    $21,000,000

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