A firm has 41 million shares outstanding with a current share price of $4.30.The firm has a

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A firm has 41 million shares outstanding with a current share price of $4.30.The firm has a market-to-book ratio of 8.5 and a book debt-equity ratio of 2.2. If the firm currently has $18 million in cash.

What is its enterprise value?

Related Book For answer-question

Financial Reporting Financial Statement Analysis and Valuation a strategic perspective

ISBN: 978-1337614689

9th edition

Authors: James M. Wahlen, Stephen P. Baginski, Mark Bradshaw

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Posted Date: Jun 16, 2023 12:12 AM

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A firm has 41 million shares outstanding with a current share price of $4.30.The firm has a

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Enterprise value EV is a measure of a companys total value taking ... View the full answer

Financial Reporting Financial Statement Analysis and Valuation a strategic perspective

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