Question: Please help! Review Lat Based on the information in the table, what is the share price when the price to book (P/B) multiple of a

Please help!

Please help! Review Lat Based on the information in the table, what

Review Lat Based on the information in the table, what is the share price when the price to book (P/B) multiple of a comparable company is 2.5x? Income Statement Millions Sales $3,000 EBITDA $2,200 EBIT $1,750 Net Income $1, 100 Balance Sheet Millions Cash and Cash Equivalents $120 Short Term Interest Bearing Debt $210 Long Term Interest Bearing Debt $850 BV Equity $1,500 Shares Outstanding in Millions 100 Share Price $37. $24.2 OOOO $45.4 $57.1 Page 46 of 50 Prev Page Next Page

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