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The market value of the equity of Hudgins, Inc., is $582,000. The balance sheet shows $21,000...
Enterprise Value The market value of the equlty of Hudgins, Inc., is $588,000. The balance sheet...
Enterprise Value
The market value of the equlty of Hudgins, Inc., is $588,000. The balance sheet shows $27,000 In cash and $198,000 in debt, while the Income statement has EBIT of $99,000 and a total of $143,000 in depreciation and amortization. What is the enterprise value- EBITDA multiple for this company? (Do not round Intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) Enterprise value-EBITDA multiple times
Harris, Inc., has equity with a market value of $23.7 million and debt with a market...
Harris, Inc., has equity with a market value of $23.7 million and debt with a market value of $9.48 million. Treasury bills that mature in one year yield 6 percent per year and the expected return on the market portfolio is 11 percent. The beta of the company's equity is 1.22. The company pays no taxes. a. What is the company's debt-equity ratio? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) b. What...
Hatter, Inc., has equity with a market value of $23.3 million and debt with a market...
Hatter, Inc., has equity with a market value of $23.3 million and debt with a market value of $6.99 million. The cost of debt is 9 percent per year. Treasury bills that mature in one year yield 5 percent per year, and the expected return on the market portfolio over the next year is 12 percent. The beta of the company’s equity is 1.18. The firm pays no taxes. a. What is the company’s debt?equity ratio? (Do not round intermediate...
FFDP Corp. has yearly sales of $29.6 million and costs of $15.1 million. The company’s balance...
FFDP Corp. has yearly sales of $29.6 million and costs of $15.1
million. The company’s balance sheet shows debt of $55.6 million
and cash of $39.6 million. There are 1,960,000 shares outstanding
and the industry EV/EBITDA multiple is 9.1. What is the company’s
enterprise value? (Do not round intermediate calculations and enter
your answer in dollars, not millions of dollars, rounded to the
nearest whole number, e.g., 1,234,567.) What is the stock price per
share? (Do not round intermediate calculations...
The balance sheet for Tempest, Inc., is shown here in market value terms. There are 19,000...
The balance sheet for Tempest, Inc., is shown here in market value terms. There are 19,000 shares of stock outstanding Market Value Balance Sheet $120,000 $476,600 Cash $596,600 Fixed assets Equity Total $596,600 $596,600 Total The company has declared a dividend of $1.15 per share. The stock goes ex dividend tomorrow. Ignore any tax effects. a. What is the stock selling for today? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) b. What...
Happy Times, Inc., wants to expand its party stores into the Southeast. In order to establish...
Happy Times, Inc., wants to expand its party stores into the Southeast. In order to establish an immediate presence in the area, the company is considering the purchase of the privately held Joe’s Party Supply. Happy Times currently has debt outstanding with a market value of $160 million and a YTM of 7 percent. The company’s market capitalization is $400 million, and the required return on equity is 12 percent. Joe’s currently has debt outstanding with a market value of...
Happy Times, Inc., wants to expand its party stores into the Southeast. In order to establish...
Happy Times, Inc., wants to expand its party stores into the Southeast. In order to establish an immediate presence in the area, the company is considering the purchase of the privately held Joe’s Party Supply. Happy Times currently has debt outstanding with a market value of $120 million and a YTM of 6 percent. The company’s market capitalization is $340 million, and the required return on equity is 11 percent. Joe’s currently has debt outstanding with a market value of...
Happy Times, Inc., wants to expand its party stores into the Southeast. In order to establish...
Happy Times, Inc., wants to expand its party stores into the Southeast. In order to establish an immediate presence in the area, the company is considering the purchase of the privately held Joe’s Party Supply. Happy Times currently has debt outstanding with a market value of $200 million and a YTM of 6 percent. The company’s market capitalization is $440 million, and the required return on equity is 11 percent. Joe’s currently has debt outstanding with a market value of...
Happy Times, Inc., wants to expand its party stores into the Southeast. In order to establish...
Happy Times, Inc., wants to expand its party stores into the Southeast. In order to establish an immediate presence in the area, the company is considering the purchase of the privately held Joe's Party Supply. Happy Times currently has debt outstanding with a market value of $200 million and a YTM of 6 percent. The company's market capitalization is $440 million and the required return on equity is 11 percent. Joe's currently has debt outstanding with a market value of...
The balance sheet for Tempest, Inc., is shown here in market value terms. There are 28,000...
The balance sheet for Tempest, Inc., is shown here in market value terms. There are 28,000 shares of stock outstanding. Market Value Balance Sheet Cash $ 130,000 Fixed assets 494,960 Equity $624,960 $624,960 Total $624,960 Total The company has declared a dividend of $1.50 per share. The stock goes ex dividend tomorrow. Ignore any tax effects. a. What is the stock selling for today? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) b....
Enterprise Value
The market value of the equlty of Hudgins, Inc., is $588,000. The balance sheet shows $27,000 In cash and $198,000 in debt, while the Income statement has EBIT of $99,000 and a total of $143,000 in depreciation and amortization. What is the enterprise value- EBITDA multiple for this company? (Do not round Intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) Enterprise value-EBITDA multiple times
Harris, Inc., has equity with a market value of $23.7 million and debt with a market value of $9.48 million. Treasury bills that mature in one year yield 6 percent per year and the expected return on the market portfolio is 11 percent. The beta of the company's equity is 1.22. The company pays no taxes. a. What is the company's debt-equity ratio? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) b. What...
FFDP Corp. has yearly sales of $29.6 million and costs of $15.1
million. The company’s balance sheet shows debt of $55.6 million
and cash of $39.6 million. There are 1,960,000 shares outstanding
and the industry EV/EBITDA multiple is 9.1. What is the company’s
enterprise value? (Do not round intermediate calculations and enter
your answer in dollars, not millions of dollars, rounded to the
nearest whole number, e.g., 1,234,567.) What is the stock price per
share? (Do not round intermediate calculations...
The balance sheet for Tempest, Inc., is shown here in market value terms. There are 19,000 shares of stock outstanding Market Value Balance Sheet $120,000 $476,600 Cash $596,600 Fixed assets Equity Total $596,600 $596,600 Total The company has declared a dividend of $1.15 per share. The stock goes ex dividend tomorrow. Ignore any tax effects. a. What is the stock selling for today? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) b. What...
Happy Times, Inc., wants to expand its party stores into the Southeast. In order to establish an immediate presence in the area, the company is considering the purchase of the privately held Joe's Party Supply. Happy Times currently has debt outstanding with a market value of $200 million and a YTM of 6 percent. The company's market capitalization is $440 million and the required return on equity is 11 percent. Joe's currently has debt outstanding with a market value of...
The balance sheet for Tempest, Inc., is shown here in market value terms. There are 28,000 shares of stock outstanding. Market Value Balance Sheet Cash $ 130,000 Fixed assets 494,960 Equity $624,960 $624,960 Total $624,960 Total The company has declared a dividend of $1.50 per share. The stock goes ex dividend tomorrow. Ignore any tax effects. a. What is the stock selling for today? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) b....
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