Question: Consider recent financials for Ellie's Essentials LLC: Balance Sheet Going forward, analysts have forecasted the following free cash flows: $2,600.00 in 2021, and $2,600.00 in

Consider recent financials for Ellie's Essentials LLC: Balance Sheet Going forward, analysts have forecasted the following free cash flows: $2,600.00 in 2021, and $2,600.00 in 2022 . After that point, analysts expect free cash flows to grow at 4.00%. The firm has no short-term debt or preferred stock, and there are 1,000 shares outstanding. The firm's cost of capital is 12.00%. You are trying to estimate the value of Doc McRuffins Incorporated. It is a rival firm to Elile's Essentials, but not publicly traded. You do know that Doc McRuffins has an EBITDA of $4.750 for 2020. Using multiples, What is a rough estimate for the enterprise value of Doc McRutfins Answer format: Currency: Round to: 2 decimal places
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