Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. finance
  3. consider a company which had revenues of $26 milli

Consider a company which had revenues of $26 million over the last twelve months. Depreciation...

70.2K

Verified Solution

Question

Finance

Consider a company which had revenues of $26 million over the last twelve months. Depreciation and amortization expenses were $7 million. Operating margin was 25.0%. It has $38 million of debt, $9 million in cash, and 10 million shares outstanding. Comparable companies are trading at an average trailing EV/EBITDA multiple of 18. How much is each share worth using relative valuation? Round 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

Basic Math
1.2K views

Let a 3 5 and b 0 k Find k so that a and b...

Basic Math
1.2K views

The angle of elevation from aship to the top of a 42-meter lighthouse onthe shore...

Accounting
1.2K views

In October, Crane Company reports 20,100 actual direct labor hours, and it incurs...

Accounting
1.2K views

Question 15 1 pts Returns and Merchandise Transportation Terms Allowances (d)...

Accounting
1.2K views

Computing and recording straight-line versus double-declining-balance depreciation Exercise 6-9 LO 6-3 a new computerized drill...

Accounting
1.2K views

ABC Company's standard direct labor cost per unit includes 3 hours @ $15 per hour....

Accounting
1.2K views

1 1 pts The Brook Company produces and sells hats and in a recent performance...

Accounting
1.2K views

A. B. Current ratio- A. B. Acid-test ratio- A. B. Working Capital- A. B. Accounts...

Accounting
1.2K views

The following selected circumstances relate to pending lawsuits for Erismus, Inc. Erismus's fiscal year ends...

Accounting
1.2K views

Required information Use the following information for the Quick Study below. (Algo) [The following information...

Accounting
1.2K views

Iguana, Incorporated, manufactures bamboo picture frames that sell for $20 each. Each frame requires 4...

Accounting
1.2K views

Los contribuyentes cuyo nico ingreso no derivado del trabajo consiste en dividendos calificados y distribuciones...