Jaxon's has total income of $418,300, earnings before interest and taxes of $102,600, depreciation of $59,200, and a tax rate of 30 percent. The company is fully equity funded with 15,000 shares outstanding at a book value of $38.03 per share and a price-to-book ratio of 3.2. 

What is the company's EV/EBITDA ratio if it has excess cash of $49,300?

Answer rating: 100% (QA)

To calculate the companys EVEBITDA ratio we need to determine the Enterprise Valu... View the full answer