FFDP Corp. has yearly sales of $28 million and costs of $12 million. The companys balance sheet

Question:

FFDP Corp. has yearly sales of $28 million and costs of $12 million. The company’s shows debt of $54 million and cash of $18 million. There are 950,000 shares outstanding and the industry EV/EBITDA multiple is 7.5. What is the company’s enterprise value? What is the stock price per share?

Balance Sheet
Balance sheet is a statement of the financial position of a business that list all the assets, liabilities, and owner’s equity and shareholder’s equity at a particular point of time. A balance sheet is also called as a “statement of financial...