Top Rope Productions has 3.00 million shares outstanding that currently trade at $10.31. The firm has $19.00 million of long-term debt, and $4.00 million in cash. What is a rough estimate for the firm’s enterprise value? (Express answer in millions. For example, $1,000,000 would be 1.00)

Answer rating: 100% (QA)

To calculate the enterprise value EV we need to consider the market value of e... View the full answer