FFDP Corp. has yearly sales of $48 million and costs of $15 million. The companys balance sheet

Question:

FFDP Corp. has yearly sales of $48 million and costs of $15 million. The company’s balance sheet shows debt of $64 million and cash of $23 million. There are 1.95 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?

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...

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