The market value of the equity of Hudgins, Inc., is $587,000. The balance sheet shows...

80.2K

Verified Solution

Question

Accounting

The market value of the equity of Hudgins, Inc., is $587,000. The balance sheet shows $26,000 in cash and $197,000 in debt, while the income statement has EBIT of $98,000 and a total of $142,000 in depreciation and amortization. What is the enterprise value-EBITDA multiple for this company?

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