In December 2018, Kraft Heinz Co. (KHC) had 1.22 billion shares outstanding, a share price of $43.04,

Question:

In December 2018, Kraft Heinz Co. (KHC) had 1.22 billion shares outstanding, a share price of $43.04, a book value of debt of $30.87 billion, and cash of $1.13 billion. What was Kraft Heinz’s market capitalization

(its market value of equity)? What was its enterprise value?

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For book-img-for-question

Fundamentals Of Corporate Finance

ISBN: 9781292437156

5th Global Edition

Authors: Jonathan Berk, Peter DeMarzo, Jarrad Harford

See More Books

Question Posted: Feb 27, 2024 03:07 AM

See More Questions

In Problem 10.16, we projected financial statements for Walmart Stores, Inc. (Walmart) for Years +1 through +5. The data in Exhibits 12.17-12.19 (pages 948-950) include the actual amounts for 2012...
In Problem 10.16, we projected financial statements for Walmart Stores, Inc. (Walmart) for Years +1 through +5. The data in Chapter 12's Exhibits 12.17, 12.18, and 12.19 (pages 948-950) in lude the...
Visit www.guidestar.org and obtain the Form 990 for a local not-for-profit organization. a. Examine Part VIII of the 990 to determine gross receipts of the organization. b. Examine Part IX of the...
Write a paper on "Facial Recognition Technology".
Design a parallel-plate capacitor that is able to store the same amount of energy as in the AA battery mentioned in Example 19.2 (7000 J). Give the area of the plates, the plate separation, and the...
An ideal gas is to flow isentropically from a large tank where the air is maintained at a temperature and pressure of $59^{\circ} \mathrm{F}$ and $80 \mathrm{psia}$ to standard atmospheric...
Does it matter that ICANNs leadership is chosen by those with a commercial interest in the Internet? The Internet Corporation for Assigned Names and Numbers (ICANN) is a nonprofit entity organizing...
Find the minimum tractive effort required for vehicle to maintain 70mph speed at 5%upgrade through an air density of 0.002045 slug/ft^3. Show all steps and unit conversion please Problem 2:...
Suppose Global had an additional $1 million depreciation expense in 2019. If Globals tax rate on pretax income is 26%, what would be the impact of this expense on Globals earnings? How would it...
If Global has 3.6 million shares outstanding, and these shares are trading for a price of $10.00 per share, what is Globals market capitalization? How does the market capitalization compare to...
What change of variables is suggested by an integral containing x 2 - 9?
The transfer function V. (S)/V,(S) of the circuit in Figure 1 where the inductor L = 0.1 H is given by Vc(s) = V (s) c(s d + + eRs + (Please answer to 3 decimal places, for example: 1.543) (1) Find...
Irene and Fred Buckley are age 63 and 66respectively. They have various pensionentitlements and assets. They figure they needabout $45,000 per year after-tax for their lifestyleexpenditures.They want...
Background information Membina Limited ( Membina ) is a large, Melbourne - based construction company that specialises in high - rise developments. One of the assets that support Membina s high -...
A series of experiments were conducted with varying reactant concentrations and the rates of the reactions were observed. Note that each of these species are hypothetical and do not represent actual...
Michelle wants to eat some cereal but there's no cereal left, and she is too lazy to go the store herself. She is thinking of sending one of her kids to the store. She can choose to send Aggie,...
Assume that Roscoes Rascals decided to add the pet food line. Two months after it began selling the food, its pet food sales declined dramatically because a competitor across the street started...
Why can wastewater treatment requirements in Hawaii be less stringent than those in most locations on the U.S. mainland?
Calculating Depreciation A piece of newly purchased industrial equipment costs $925,000 and is classified as seven-year property under MACRS. Calculate the annual depreciation allowances and...
Calculating Salvage Value Consider an asset that costs $468,000 and is depreciated straight-line to zero over its eight-year tax life. The asset is to be used in a five-year project; at the end of...
Calculating Salvage Value an asset used in a four-year project falls in the five-year MACRS class for tax purposes. The asset has an acquisition cost of $8,400,000 and will be sold for $1,750,000 at...
Can someone make a introduction where first it asks for your name, than asks if you know how to play Go fish, If they say yes than it brings them to my game but if they say no then an instructions...
Bird class: class Bird extends Animal { boolean flies; public Bird() { super(); flies = true; } public Bird(String name, boolean flies) { super(name, "eggs"); this.flies = flies; } } import...
Complete the to do lines and draw a picture of the recursive tree for countBear(42)? Here is your skeleton code: Copy the start code into your IDE and fill in the missing statements to make the code...

In December 2018, Kraft Heinz Co. (KHC) had 1.22 billion shares outstanding, a share price of $43.04,

Question:

Step by Step Answer:

PLAN We will solve the problem using Eq 24 Enterprise Value Market Value of ...View the full answer

Fundamentals Of Corporate Finance

Students also viewed these Business questions