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!

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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