Question: e Average Maximum Minimum E 23.99 + 81% - 45% Price Book 7.46 + 193% - 83% Enterprise Value Sales 2.17 + 96% - 80%

e Average Maximum Minimum E 23.99 + 81% - 45% Price Book 7.46 + 193% - 83% Enterprise Value Sales 2.17 + 96%

e Average Maximum Minimum E 23.99 + 81% - 45% Price Book 7.46 + 193% - 83% Enterprise Value Sales 2.17 + 96% - 80% Enterprise Value EBITDA 19.98 + 73% - 81% Suppose that in April 2019, Nike Inc. had sales of $36,456 million, EBITDA of $5,213 million, excess cash of $5,255 million, $3,806 million of debt, and 1,577.8 million shares outstanding. a. Using the average enterprise value to sales multiple in the table here, estimate Nike's share price. b. What range of share prices do you estimate based on the highest and lowest enterprise value to sales multiples in the table above? c. Using the average enterprise value to EBITDA multiple in the table above, estimate Nike's share price. d. What range of share prices do you estimate based on the highest and lowest enterprise value to EBITDA multiples in the table above? a. Using the average enterprise value to sales multiple in the table above, estimate Nike's share price. Nike's share price using the average enterprise value to sales multiple will be $ (Round to the nearest cent.)

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!

Suppose that in April 2019, Nike Inc. had EPS of $2.81 and a book value of equity of $6.36 per share. a. Using the average P/E multiple from the table here, estimate Nike's share price. b. What range...

Suppose that in April 2019, Nike Inc. had sales of $36,397 million, EBITDA of $5,219 million, excess cash of $5,245 million, $3,810 million of debt, and 1,573.8 million shares outstanding. a. Using...

pril 2019, Nike Inc. had sales of $36,431 million, EBITDA of $5,221 million, excess cash of $5,239 million, $3,817 million of debt, and 3 ge enterprise value to sales multiple in the table here, !!!....

Data Table - X (Click on the following icon in order to copy its contents into a spreadsheet.) Average Maximum Minimum E 23.99 +81% - 45% Price Book 7.46 +193% - 83% Enterprise Value Sales 2.17 + 96%...

Suppose that in April 2019, Nike Inc. had sales of $36,338 million, EBITDA of $5,222 million, excess cash of $5,237 million, $3,817 million of debt, and 1,573.7 million shares outstanding. a. Using...

Suppose that in April 2019, Nike Inc. had sales of $36,452 million, EBITDA of $5,217 million, excess cash of $5,248million, $3,818 million of debt, and 1,568.2 million shares outstanding. a. Using...

Suppose that in April 2019, Nike Inc. had EPS of $2.37 and a book value of equity of $6.95 per share. a. Using the average P/E multiple from the table here, Eestimate Nike's share price. b. What...

Suppose that in April 2019, Nike Inc. had EPS of $2.36 and a book value of equity of $7.09 per share. a. Using the average P/E multiple from the table here, estimate Nike's share price. b. What range...

18. Suppose that in April 2019, Nike Inc. had sales of $36,423 million, EBITDA of $5,211 million, excess cash of $5,243 million, $3,811 million of debt, and 1,580.1 million shares outstanding. a....

Suppose that in April 2019, Nike Inc. had sales of $36,351 million, EBITDA of $5,209 million, excess cash of $5,236 million, $3,802 million of debt, and 1,576.4 million shares outstanding. a. Using...

A $1,000 face value, semi-annual bond is for sale. Given the following facts, what is the yield to maturity ? 6% coupon, current price of $870.50, 10 years to maturity. a. 11.44% b. 7.90% c. 8.29%

Why does a temporary increase in government spending cause the current account to fall by a smaller amount than does a permanent increase in government spending?

A waifress that stands for hours and has a habit of crossing her legs when she sits will increase the chances of having bid Select one: a . Arteries. b . Veins. c . Capilaries. d . Left ventricie. e...

Which is an example of how a favorable opportunity may be valuable? Research shows there are many potential customers. The entrepreneur has previous experience making a similar product. There are no...

If you plan to video or audio-record some of your data, how equipped are you to subsequently transcribe the dialogue into a written form? What arrangements might you make for this?

How clear are you about the purpose of the different types of data gathering you plan to undertake? How clearly developed are the themes to be explored? How clearly are these themes derived from your...

To what extent might qualitative data from social media platforms contribute to the achievement of your research objectives or questions?