Canvas Question 15 5 pts Company A has agreed to buy Company B for $48.00/share...
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Canvas Question 15 5 pts Company A has agreed to buy Company B for $48.00/share in stock Company A and Company B's stock prices on the day before announcement were $112.00 and $42.00 respectively. Company Bhas 20 million shares outstanding 12 million exercisable options outstanding with an average exercise price of $28.00 per share. $120 million in net debt to be assumed by Company A and minority interests of $25 million to be acquired for cash Company B Income Statement Items LTM Revenue $1000 million LTM EBITDA 95 million LTM Net Income 60 million Calculate the enterprise to revenue multiple 1.345 1185 0.9575 1.275 D Question 16 5 pts The Tortuga Corp has annual credit sales of $2.5 million. Current expenses for the collection department are $40,000, bad-debt lawler Truli
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