Question: can you answer this question for me please? An analyst has determined that the appropriate EV/EBITDA for Rainbow Company is 10.9. The analyst has also

can you answer this question for me please?

An analyst has determined that the appropriate EV/EBITDA for Rainbow Company is 10.9.

The analyst has also collected the following forecasted information for Rainbow Company:

EBITDA = 20,038,832

Market value of debt = 66,207,205

Cash = 1,057,689

Compute the value of equity for Rainbow Company.

(Enter your answer as a number, rounded to the nearest whole number, like this: 1234)

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:

can you answer this question for me please? An analyst has determined that the appropriate EV/EBITDA for Rainbow Company is 11.0. The analyst has also collected the following forecasted information...

Q:

help me please 61 point An analyst has determined that the appropriate EV/EBITDA for Rainbow Company is 8.1. The analyst has also collected the following forecasted information for Rainbow Company:...

Q:

1. 2. An analyst has determined that the appropriate EV/EBITDA for Rainbow Company is 9.3. The analyst has also collected the following forecasted information for Rainbow Company: EBITDA =23,498,769...

Q:

18 1 point An analyst has determined that the appropriate EV/EBITDA for Rainbow Company is 10.1. The analyst has also collected the following forecasted information for Rainbow Company: EBITDA =...

Q:

An analyst has determined that the appropriate EV/EBITDA for Rainbow Company is 10.1. The analyst has also collected the following forecasted information for Rainbow Company: EBITDA =20,766,176...

Q:

An analyst has determined that the appropriate EV/EBITDA for Rainbow Company is 9.6. The analyst has also collected the following forecasted information for Rainbow Company: EBITDA = 24,505,794...

Q:

1 point An analyst has determined that the appropriate EV / EBITDA for Rainbow Company is 1 0 . 7 . The analyst has also collected the following forecasted information for Rainbow Company: EBITDA = 2...

Q:

An analyst has determined that the appropriate EV / EBITDA for Rainbow Company IS 9 . 2 . The analyst has also collected the following forecasted information for Rainbow Company: EBITDA = 2 0 , 4 7 7...

Q:

An analyst has determined that the appropriate EV/EBITDA for Rainbow Company is 10.2. The analyst has also collected the following forecasted information for Rainbow Company: EBITDA = \($22\),000,000...

Q:

An analyst has determined that the appropriate EV/EBITDA for Rainbow Company is 10.2. The analyst has also collected the following forecasted information for Rainbow Company: EBITDA = $22,000,000...

Q:

An international accounting standard concerning _________ ensures that most large businesses implement a full cost approach to income measurement. A. Expenses B. Current assets C. Depreciation D....

Q:

Jason Chan operates a takeout pizza business called A Slice of Life Ltd. During the month of November, the following things occurred: 1. He paid $7,692 for pizza ingredients, $ 1,900 for rent, $220...

Q:

What is a critical factor that will help you frame your analysis and reach defensible, consistent loan decisions? Producing a robust initial hypothesis about creditworthiness. Accommodating the needs...

Q:

Suppose that there are only 10 individuals in the economy each with the following utility function over present and future consumption:U(c1,c2)=c1+(2/3)c2, wherec1is consumption today, andc2is...

Q:

Did Dillards pay more or less than the estimated combined amount in Mississippi (MS)?

Q:

What should companies consider regarding sales tax for online transactions versus in-person transactions?

Q:

What is the estimated state sales tax owed for Alabama (AL) (round to the dollar)?