In December 2017, XYZ Co. had the following accounting and financial figures: Share price: $46.15 Shares outstanding:

Fantastic news! We've Found the answer you've been seeking!

Question:

In December 2017, XYZ Co. had the following accounting and financial figures:

Share price: $46.15

Shares outstanding: 316.2 million

market-to-book ratio: 7.99

Cash: $562.3 million

Debt-to-equity (book): 2.64

1. What was XYZ's market capitalization?

2. What was its enterprise value?

Related Book For answer-question

Derivatives Markets

ISBN: 978-0321543080

4th edition

Authors: Rober L. Macdonald

See More Books

Posted Date: Jan 22, 2020 01:24 AM

See More Questions

Applause Company has a market to book ratio of 0.75 to 1. Bravo Company has a market to book-value ratio of 3.4 to 1. What information does the market-to-book-value ratio capture and what does this...
During 2013, M Co. had the following two classes of stock issued and outstanding for the entire year: 400,000 shares of common stock, $1 par. 2,000 shares of 4% preferred stock, $100 par,...
XYZ company has a market debt to equity ratio of 2. Assume its current debt cost of capital is 6%, and its equity cost of capital is 15%. Assume that capital markets are perfect. 1). What is the...
What are the Marketing Cost Estimates of Pepsi Company? Marketing estimates, in 2013-2019? It can be write in a paragraph and explain it statistically.
Which of the two materials, diamond or cubic boron nitride, is more suitable for machining steels? Why?
The Provincial Friendship Centre had a contract with Health Canada, a division of the federal government, to provide a childhood education program to First Nations children in its area. The contract...
What are the different types of consulting and litigation support activities for fraud and forensic accounting professionals?
Balance sheet data for the Dover Hot Tub Company on December 31, the end of the fiscal year, are shown at the top of the following page. Prepare a comparative balance sheet for 2008 and 2007, stating...
If f(x) = x + 3 and g(x) = x + 8x + 15. Determine an equation for y = f(x) * g(x)
The Milk 4 All Company is considering branching into the ice-cream business. It will need a machine costing $1,000,000 to produce the ice cream. The machine will be depreciated over ten years to zero...
Evaluate the following limit. Enter the exact answer. If the limit does not exist, enter DNE. lim h0 6-h-6 h =
Find the eigenvalues of the operators L and z for each of the following states: (a) Y(0, 0), (b) Y3,-2(0, 0), (c) [Y33(0, 0) + Y3,-3(0, 0)], and /2 (d) Y40 (0, 9).
A person pushes on a 1.5 kg block with a force of 8 N, while 10 N of friction acts on the block. If it travels 4.3 m, what work is done by the friction force on the block? (Your answer should be in...
A ball is launched from the top of a 6 0 6 0 m high building with an initial speed 2 0 2 0 m / / s at an angle 4 0 4 0 \ deg above the horizontal ( ( close to the surface of Earth ) . ) . Air...
A stone is thrown straight down from the edge of a roof, 1025 feet above the ground, at a speed of 7 feet per second. A. Remembering that the acceleration due to gravity is -32 feet per second...
i) ii) b) The figure shows a lorry of mass 1600 kg towing a car of mass 900 kg along a straight horizontal road. The two vehicles are joined by a light towbar which is an angle of 15 to the road. The...
The perimeter, P, of a rectangle is found using the formula P=2l+2w, where I is the length of the rectangle and w is the width of the rectangle. Solve the formula for w.
As you rewrite these sentences, replace the cliches and buzzwords with plain language (if you don't recognize any of these terms, you can find definitions online): a. Being a jack-of-all-trades, Dave...
Compute estimated profit in 1 year if XYZ sells a call option with a strike of $0.95, $1.00, or $1.05. Draw a graph of profit in each case.
Compute estimated profit in 1 year if XYZ buys paylater puts as follows (the net premium may not be exactly zero): a. Sell one 1.025-strike put and buy two 0.975-strike puts. b. Sell two 1.034-strike...
Suppose that in Figure 27.6 the tranches have promised payments of $160 (senior), $50 (mezzanine), and $90 (subordinated). Reproduce the table for this case, assuming zero default correlation. In...
If you make multiple measurements of your height, you are likely to find that the results vary by nearly half an inch in either direction due to measurement error and actual variations in he ight....
Loveland, Colorado, is 18 km due south of Fort Collins and 3 1 km due west of Greeley. What is the distance between Fort Collins and Greeley?
Migrating geese tend to travel at approximately constant speed, flying in segments that are straight lines. A goose flies 32 km south, then turns to fly 20 km west. Afterward, how far is the goose...

In December 2017, XYZ Co. had the following accounting and financial figures: Share price: $46.15 Shares outstanding:

Question:

Expert Answer:

market capitalization no of equity outstanding x equity price ... View the full answer

Derivatives Markets

Students also viewed these finance questions