You are interested in evaluating your favorite ice cream shop, Salt & Straw. S&S currently has EBIT of $4.79 million, Sales of $8.615 million, NI of $2.4 million, annual depreciation of $.9 million and amortization of $.5 million. It has determined that the current average EBITDA multiple of comparable ice cream shops is 3.9x.

What is the value of Salt & Straw?

Answer rating: 100% (QA)

To calculate the value of Salt Straw using the EBITDA multiple method we need to first ... View the full answer