Question: Below is the balance sheet for Magic Card Corp. as of Dec. 31, 2014. EBITDA is expected to be $47 million and there are 12

 Below is the balance sheet for Magic Card Corp. as of

Below is the balance sheet for Magic Card Corp. as of Dec. 31, 2014. EBITDA is expected to be $47 million and there are 12 million shares outstanding. Assets ($ million) Liabilities and Equity ($ million) Cash 9 17 Accounts payable 6 Marketable securities 2 Notes payable 23 Accounts receivable 5 Total current liabilities 95 Inventory 41 Long-term debt Total current assets 57 Total liabilities 118 Machines 34 20 Paid-in capital Real estate 80 Retained earnings 33 Total fixed assets 114 Total equity 53 Total assets 171 Total liab. & equity 171 The collection card industry has an average enterprise value-over-EBITDA ratio of 7.1. B Attempt 1/10 for 10 pts. Part 1 What is Magic's estimated enterprise value (in $ million)? 0+ decimals Submit BAttempt 1/10 for 10 pts. Part 2 What is the company's estimated market value of equity (in $ million)? 0+ decimals

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