Q9 (3 points) Zion Goods Inc., a biscuit manufacturer based in Texas, reports the following information...
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Q9 (3 points) Zion Goods Inc., a biscuit manufacturer based in Texas, reports the following information (in thousands): book value of equity market value of equity book value of preferred stock 2,800 3,200 < 13,200 13,800 37,300+ 5,100 Based solely on the information given, the enterprise value of the company is: < market value of preferred stock book value of debt market value of debt total assets cash and cash investments $13,500 19,200 a. $24,400 < b. $31,100+ c. $37,300+ Q9 (3 points) Zion Goods Inc., a biscuit manufacturer based in Texas, reports the following information (in thousands): book value of equity market value of equity book value of preferred stock 2,800 3,200 < 13,200 13,800 37,300+ 5,100 Based solely on the information given, the enterprise value of the company is: < market value of preferred stock book value of debt market value of debt total assets cash and cash investments $13,500 19,200 a. $24,400 < b. $31,100+ c. $37,300+
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Financial Reporting Financial Statement Analysis and Valuation a strategic perspective
ISBN: 978-1285190907
8th edition
Authors: James M. Wahlen, Stephen P. Baginski, Mark Bradshaw
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