Question: or analyst is using multiples to value the equity of Becher Bakeries. He has gathered the following data on the company and two comparable firms

or analyst is using multiples to value the equity of Becher Bakeries. He has gathered the following data on the company and two comparable firms Item Becher Comparable 1 Comparable 2 Equity market value ? $60 $80 Debt market value $5 $8 $12 Cash $1 $4 $3 Value of Operating leases $2 $10 $7 EBITDA $12 $10 $16 a) Estimate the Enterprise Value for each of the two comparable companies. (2 points) b) Estimate the value of Becher's equity using the information above and an equally-weighted average of the multiples of the two comparable firms. (2 points)

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