Question: Below is the balance sheet for Magic Card Corp. as of Dec. 3 1 , EBITDA is expected to be $ 2 0 million and

Below is the balance sheet for Magic Card Corp. as of Dec. 31,
EBITDA is expected to be $20 million and there are 10
million shares outstanding. The collection card industry has an
average enterprise value-over-EBITDA ratio of 8. Note: Consider
"Debt" as any liabilities with interest burden.
What is the company's estimated share price (in $)?
Below is the balance sheet for Magic Card Corp. as of

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!

Q:

ints ellook Print Problem 3-28A (Algo) Show how the events affect the financial statements using a horizontal tatements model LO 3-2, 3-3 The following events pertain to Super Cleaning Company. 1....

Q:

Below is the balance sheet for Magic Card Corp. as of Dec. 31, 2014. EBITDA is expected to be $54 million and there are 12 million shares outstanding. Assets ($ million) Liabilities and Equity ($...

Q:

Below is the balance sheet for Magic Card Corp. as of Dec. 31, 2014. EBITDA is expected to be $48 million and there are 12 million shares outstanding. Assets ($ million) Liabilities and Equity ($...

Q:

Intro Below is the balance sheet for Magic Card Corp. as of Dec. 31, 2014. EBITDA is expected to be $54 million and there are 12 million shares outstanding. Assets ($ million) Liabilities and Equity...

Q:

Problem 8 Intro Below is the balance sheet for Magic Card Corp. as of Dec 31, 2014 EBITDA is expected to be $41 million and there are 12 million shares outstanding Assets (5 million) Cash Marketable...

Q:

1. What is Magic's estimated enterprise value (in $ million)? 2. What is the company's estimated market value of equity (in $ million)? 3. What is the company's estimated share price (in $)? Intro...

Q:

1. What is Magic's estimated enterprise value (in $ million)? 2. What is the company's estimated market value of equity (in $ million)? 3. What is the company's estimated share price (in $)? (1...

Q:

Intro Below is the balance sheet for Magic Card Corp. as of Dec. 31, 2014. EBITDA is expected to be $54 million and there are 12 million shares outstanding. Assets ($ million) Cash 10 Marketable...

Q:

Intro Below is the balance sheet for Magic Card Corp. as of Dec. 31, 2014. EBITDA is expected to be $54 million and there are 12 million shares outstanding. Assets ($ million) Liabilities and Equity...

Q:

Intro Below is the balance sheet for Magic Card Corp. as of Dec. 31, 2014. EBITDA is expecte to be $53 million and there are 12 million shares outstanding Assets ($ million) Liabilities and Equity (5...

Q:

Part 2 What is the company's estimated market value of equity ( in $ million ) ? Notes payable is a form of short - term debt. Part 3 What is the company's estimated share price ( in $ ) ? Intro...

Q:

I want to find out what the undergraduate student body thinks about the move to Division I sports, which will involve higher student fees to support the athletic program. Every evening I go to...

Q:

Historically, fresh flowers in northern Europe were supplied by local growers. Producers had to grow flowers in heated greenhouses to meet demand in winter, such as on Valentines Day. Now, European...

Q:

Real estate and other alternative investments are typically defined by their uncorrelation with stocks & bonds, illiquidity due to infrequent trade data, inefficiency between true value and price,...

Q:

last two options for the multiple choice are : performance management development A construction equipment manufacturer, Roswell Corporation, is focusing on becoming a leader in sustainability in...

Q:

Explain the importance of competitive labor market and product market forces in compensation decisions. page 470

Q:

Describe the fundamental pay programs for recognizing employees contributions to the organizations success. page 503

Q:

Specify the relationship between job satisfaction and various forms of job withdrawal, and identify the major sources of job satisfaction in work contexts. page 437