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Suppose that in January 2006 Kenneth Cole Productions had sales of $501 million, EBITDA of...

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Suppose that in January 2006 Kenneth Cole Productions had sales of $501 million, EBITDA of $59.2 million, excess cash of $97 million, $5.2 million of debt, and 22 million shares outstanding. Use the multiples approach to estimate KCP's value based on the following data from comparable firms: a. Using the average enterprise value to sales multiple in the table above, estimate KCP'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 KCP'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 KCP's share price. KCP's share price using the average enterprise value to sales multiple will be $ (Round to the nearest cent.) . X Data Table K in order to copy its contents into a spreadsheet.) (Click on the following icon P Price Enterprise Value Enterprise Value E ook Sales EBITDA 2.84 Average 15.01 1.06 8.49 106% aximum 51% 186% 27% - 56% Minimum 42% - 61% - 22% Print Done

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