Question: 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

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 ($ million) Cash 14 Accounts payable 22 Marketable securities 2 Notes payable 6 Accounts receivable 6 Total current liabilities 28 Inventory 39 Long-term debt 95 Total current assets 61 Total liabilities 123 Machines 34 Paid-in capital 20 Real estate 80 Retained earnings 32 Total fixed assets 114 Total equity 52 Total assets 175 Total liab. & equity 175 The collection card industry has an average enterprise value-over-EBITDA ratio of 7.2. BAttempt 3/10 for 9 pts. Part 2 What is the company's estimated market value of equity (in $ million)? 0+ decimals Submit Part 3 What is the company's estimated share price (in $)? 1+ decimals Submit Attempt 2/10 for 9 pts
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