You are trying to find an implied value for Target Corporation using financial information from Walmart You have collected the following Walmart Statistics Value Market capitalization of common stock $259 02 billion Market value of debt $58 81 billion Cash $9 84 billion EBITDA $40 45 billion Target Statistics Value Market value of debt $14 73 billion Cash $2 00 billion EBITDA $7 91 billion Shares Outstanding 0 67 billion a) What is the enterprise value of Walmart (express answer as xx xx billion) b) What is the enterprise value EBITDA multiple for Walmart c) Based on the EBITDA reported for Target, what is an estimate for Targets enterprise value using Walmarts enterprise value EBITDA multiple d) Using Target's financial data and their implied value using multiples, what is an estimate for their share price

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Question: You are trying to find an implied value for Target Corporation using financial information from Walmart. You have collected the following: Walmart Statistics: Value: Market

You are trying to find an implied value for Target Corporation using financial information from Walmart. You have collected the following:

Walmart Statistics:	Value:
Market capitalization of common stock	$259.02 billion
Market value of debt	$58.81 billion
Cash	$9.84 billion
EBITDA	$40.45 billion

Target Statistics:	Value:
Market value of debt	$14.73 billion
Cash	$2.00 billion
EBITDA	$7.91 billion
Shares Outstanding	0.67 billion

a) What is the enterprise value of Walmart? (express answer as xx.xx billion) b) What is the enterprise value/EBITDA multiple for Walmart? c) Based on the EBITDA reported for Target, what is an estimate for Targets enterprise value using Walmarts enterprise value/EBITDA multiple? d) Using Target's financial data and their implied value using multiples, what is an estimate for their share price?

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