FFDP Corp. has yearly sales of $43 million and costs of $14 million. The companys balance sheet
Question:
FFDP Corp. has yearly sales of $43 million and costs of $14 million. The company’s balance sheet shows debt of $58 million and cash of $19 million. There are 1.85 million shares outstanding and the industry EV/EBITDA multiple is 6.4. What is the company’s enterprise value? What is the stock price per share?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 33% (6 reviews)
a EV 185 million shares 43 ...View the full answer
Answered By
James Warinda
Hi! I’m James Otieno and I'm an experienced professional online tutor with countless hours of success in tutoring many subjects in different disciplines. Specifically, I have handled general management and general business as a tutor in Chegg, Help in Homework and Trans tutor accounts.
I believe that my experience has made me the perfect tutor for students of all ages, so I'm confident I can help you too with finding the solution to your problems. In addition, my approach is compatible with most educational methods and philosophies which means it will be easy for you to find a way in which we can work on things together. In addition, my long experience in the educational field has allowed me to develop a unique approach that is both productive and enjoyable.
I have tutored in course hero for quite some time and was among the top tutors awarded having high helpful rates and reviews. In addition, I have also been lucky enough to be nominated a finalist for the 2nd annual course hero award and the best tutor of the month in may 2022.
I will make sure that any student of yours will have an amazing time at learning with me, because I really care about helping people achieve their goals so if you don't have any worries or concerns whatsoever you should place your trust on me and let me help you get every single thing that you're looking for and more.
In my experience, I have observed that students tend to reach their potential in academics very easily when they are tutored by someone who is extremely dedicated to their academic career not just as a businessman but as a human being in general.
I have successfully tutored many students from different grades and from all sorts of backgrounds, so I'm confident I can help anyone find the solution to their problems and achieve
0.00
0 Reviews
10+ Question Solved
Related Book For
Corporate Finance
ISBN: 9781260772388
13th Edition
Authors: Stephen Ross, Randolph Westerfield, Jeffrey Jaffe
Question Posted:
Students also viewed these Business questions
-
FFDP Corp. has yearly sales of $28 million and costs of $12 million. The companys balance sheet shows debt of $54 million and cash of $18 million. There are 950,000 shares outstanding and the...
-
FFDP Corp. has yearly sales of $42 million and costs of $13 million. The company's balance sheet shows debt of $64 million and cash of $21 million. There are 1,750,000 shares outstanding and the...
-
FFDP Corp. has yearly sales of $48 million and costs of $15 million. The companys balance sheet shows debt of $64 million and cash of $23 million. There are 1.95 million shares outstanding and the...
-
Carol Simon, the manager of Handy Plumbing has provided you with the following aging schedule for Handys accounts receivable: Carol indicates that the $125,200 of accounts receivable identified in...
-
Consider the leaf spring experiment in Exercise 14.9. Rework this problem, assuming that factors A, B, and C are easy to control but factors D and E are hard to control. Using equations (14.6) and...
-
Given JSON object } "name": "asad", "designation": "developer", "degree": "BSCS", "experience" : { "developement": "1 Year", "testing": "2 Years" 66666 Page 1 of 3 Activate Implement following a)...
-
Briefly, why did the Financial Accounting Standards Board add the financial instruments project to its technical agenda?
-
Pleasant Company has an opportunity to invest in one of two new projects. Project Y requires a $700,000 investment for new machinery with a four-year life and no salvage value . Project Z requires a...
-
Flexible Budget for Various Levels of Production Budgeted amounts for the year: Materials Labor VOH FOH 2 leather strips @ $7.00 1.5 hr. @ $18.00 1.5 hr. @ $1.20 $6,800 Required: 1. Prepare a...
-
Shelly Jacobs is a high school math teacher who has created an iPhone app centered on engaging games that require high school students to use math to master the games. The idea is that the games are...
-
Given that Bit Digital was up by about 3,688 percent for 2020, why didnt all investors hold Bit Digital?
-
Consider the following information: a. Your portfolio is invested 30 percent each in A and C and 40 percent in B. What is the expected return of the portfolio? b. What is the variance of this...
-
What explains the differences in the impact on large and small economies?
-
Given the following points (x, y): (4,10), (5,13), (8, 44), (10,78), (13, 153) a. Draw a scatter plot of the data b. Use the Least Squares method to find the linear regression equation modeling the...
-
6. (15 pts) In logistic regression, the response variable is sometimes labeled y (-1,+1) rather than y {0, 1). Using a maximum likelihood approach, show that when y (-1, +1}, the logistic regression...
-
Create a 3-page, mobile-only view for a web-based app. This is a front-end only build and will only mockup the app experience. This is NOT a functioning traditional phone app. Requirements: 3 pages...
-
In this phase you will be designing a table of information (in a file) that will be created later in your database application. Your table must have a minimum of 6 rows of data with 6 attributes...
-
2. Compute 1/1 + 1/2 + 1/3 + ... + 1/999 + 1/1000. 3. Compute 1 + a/1! + a/2! + a/3! + ... + a100/100!. (Note: cumprod is useful here. Do not use the function factorial.) Compare the result with exp...
-
Briefly describe or define (a) Liquid-junction potential. (b) Asymmetry potential.
-
Using Gauss-Jordan elimination, invert this matrix ONLY 0 0 0 0 1
-
What is the impact of lengthening the time to expiration on an option's value? Explain.
-
What is the impact of lengthening the time to expiration on an option's value? Explain.
-
Why does the value of a share of stock depend on dividends? (150 words)
-
The following information relates to production activities of Mercer Manufacturing for the year. Actual direct materials used 16,800 pounds at $4.45 per pound Actual direct labor used 17,435 hours at...
-
The bond market is the largest global financial market. Corporations, municipalities, and governments need to raise funds constantly, and debt is one of the easiest and cheapest ways to do it. Equity...
-
Elbow Bend Hotel Rooms Information Total Rooms=100 Deluxe room=40 Executive rooms= 50 Suites= 10 Suites are 100% sold every month and the other two categories split the rest of the rooms sold...
Study smarter with the SolutionInn App