Please use the below is financial information for ABC Coffee Company to answer the following question....
Fantastic news! We've Found the answer you've been seeking!
Question:
Transcribed Image Text:
Please use the below is financial information for ABC Coffee Company to answer the following question. Income statement (Year) 2021A 2022E 2023E 2024E Revenue 29.061 32,774 35,642 38,576 EBITDA 6,501 6,868 7,673 8,458 ЕBIT 5,262 5,522 6,166 6,781 Pre-tax income 4,883 5,107 5,708 6,294 Net income 3,835 3,923 4,361 4,815 EPS $3.24 $3.35 $3.80 $4.30 Diluted shares (mn) 1,185.5 1,171.4 1,147.7 1,120.0 Dividends Per Share ($) 1.80 $1.96 $2.16 $2.37 Market Capitalization = $134,702 Billion Cash & Equiv. = $4.05 Billion Total Debt = $23,747 Billion Book Value = $-7.34 Question - What is the EV/EBITDA multiple for Years 2021, 2022 2023 & 2024 O 18.7x 18.2x 15.5x 16.1x 18.7x 18.2x 13.5x 14.1x O 19.7x 18.2x 16.5x 15.7x 18.7x 18.2x 16.5x 15.1x Please use the below is financial information for ABC Coffee Company to answer the following question. Income statement (Year) 2021A 2022E 2023E 2024E Revenue 29.061 32,774 35,642 38,576 EBITDA 6,501 6,868 7,673 8,458 ЕBIT 5,262 5,522 6,166 6,781 Pre-tax income 4,883 5,107 5,708 6,294 Net income 3,835 3,923 4,361 4,815 EPS $3.24 $3.35 $3.80 $4.30 Diluted shares (mn) 1,185.5 1,171.4 1,147.7 1,120.0 Dividends Per Share ($) 1.80 $1.96 $2.16 $2.37 Market Capitalization = $134,702 Billion Cash & Equiv. = $4.05 Billion Total Debt = $23,747 Billion Book Value = $-7.34 Question - What is the EV/EBITDA multiple for Years 2021, 2022 2023 & 2024 O 18.7x 18.2x 15.5x 16.1x 18.7x 18.2x 13.5x 14.1x O 19.7x 18.2x 16.5x 15.7x 18.7x 18.2x 16.5x 15.1x
Expert Answer:
Answer rating: 100% (QA)
The correct answer is 187x 182x 165x 151x EV Enterprise Value Market Capitalization Total Debt Cash ... View the full answer
Related Book For
Accounting Principles
ISBN: 978-0470533475
9th Edition
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso
Posted Date:
Students also viewed these accounting questions
-
Use information from Table 16.2 to answer the following questions about sound in air. At 20oC the bulk modulus for air is 1.42 X 105 Pa and its density is 1.20 kg/m3. At this temperature, what are...
-
Below is financial information for Campus Fashion Inc. (The Company) for the year ended December 31, 2018 prepared by its inexperienced accountant. Campus Fashion Inc. Income Statement at December...
-
Use the following payoff matrix to answer the following questions. Suppose this is a one-shot game:a. Determine the dominant strategy for each player. If such strategies do not exist, explain why...
-
Explain why learning reduces the effective marginal cost of production. If firms set prices in proportion to their marginal costs, as suggested by the Economics Primer, how can learning firms ever...
-
What is the purpose of a drawing account in a partnerships financial records?
-
Grummon Corporation has issued zero-coupon corporate bonds with a five-year maturity. Investors believe there is a 20% chance that Grummon will default on these bonds. If Grummon does default,...
-
Johnson & Johnson discloses in its annual report that costs associated with advertising are expensed in the year incurred and are included in selling, marketing and administrative expenses on the...
-
Even with all of Marriotts brands they still do not have any hotel properties in the truly budget category of lodging. Thats a category occupied by properties such as Days Inn and Budgetel. Why do...
-
You are the new supply chain manager in a Jordanian manufacturing company. The company has decided to expand in the MENA Region with hopes to increase their market share. You will be responsible for...
-
The following additional information is available for the Dr. Ivan and Irene Incisor family from Chapters 1-6. On December 12, Irene purchased the building where her store is located. She paid...
-
Goalie s Ball, Inc. manufactures soccer balls. The company has a soccer ball that sells for $ 3 0 per ball. At present, the ball is manufactured in a small plant that relies heavily on direct labor...
-
The objective of the assignment is exposing the students to new sustainable technologies ( products , processes , software, etc. ) and the Life Cycle Analysis of Such technologies. The students will...
-
Given: The state of stress at a point is represented by the element shown below. Required: a) Draw Mohr's circle. b) Calculate the principal stresses using the stress transformation equations. c)...
-
Selling expenses Direct labor Interest expense Manufacturing overhead, actual Raw materials used Administrative expenses $ 159,200 304,000 40,900 112,240 484,000 115,100 During the month, 18,600...
-
Using the FCFS (first come, first served) decision rule for sequencing the jobs, the order is: Sequence 1 2 3 4 5 Job The total flow time for the sequence developed using the FCFS rule = to two...
-
The firm of Bracken Ridge Accounting Services is a prominent accounting firm based in Bracken Ridge, Brisbane. The firm provides financial accounting, business planning and auditing services. You are...
-
26. Explain each of ethnocentric, polycentric, regiocentric, and geocentric approaches toward international human resource management, including when and how each is best used.
-
Is the modified 5-question approach to ethical decision making superior to the modified moral standards or modified Past in approach?
-
In Moore Companys flexible budget graph, the fixed cost line and the total budgeted cost line intersect the vertical axis at $90,000. The total budgeted cost line is $330,000 at an activity level of...
-
Nick Menke is attempting to outline the important points about overhead variances on a class examination. List four points that Nick should include in his outline.
-
Roemer Corporation recently hired a new accountant with extensive experience in accounting for partnerships. Because of the pressure of the new job, the accountant was unable to review his textbooks...
-
Your company continues to have the stinky job of processing halibut livers detailed in Problem 14.E1. Halibut arrive in batches on the fishing boats, so you decide to evaluate a continuous solvent...
-
Solve Problem 14.E2, part b, but do not assume \(R_{t}\) is constant. Derive an alternative for Eq. (13-29a) for nonconstant \(\mathrm{R}_{t}\) but with a constant amount of insoluble solids. Then...
-
Suppose we have a volume of nitrogen plus a small amount of water vapor at \(1.0 \mathrm{~atm}\). The walls of the container are at \(25^{\circ} \mathrm{C}\), and there is a hot pipe at \(105^{\circ}...
Study smarter with the SolutionInn App