Homework Answers
anser: B) $4.3 billion
Market capial = 25.09 * 116 = 2.910 billion
Book value = 2.910/4.2 = 0.693
Debt = 0.693 * 3.2 = 2.2176 = 2.218
Given that the cash = 0.800 billion
So the enterprise value will be
market value + debt - cash
= 2.910 + 2.218 - 0.800
= 4.328
= 4.3 billion
Add Answer to:
110 291 44000 company has a share price of $25.09 and 116 million shares outstanding. Its market-to-book tio is 4...
4) A company has a share price of $25.09 and 116 million shares outstanding. Its market-to-book...
4) A company has a share price of $25.09 and 116 million shares outstanding. Its market-to-book ratio is 4.2. its book debt-equity ratio is 3.2, and it has cash of $800 million. How much would it cost to take over this business assuming you pay its enterprise value? A) $5.194 billion B) $4.3 billion C) $3.462 billion D) $2.2 billion
A company has a share price of $22.08 and $119 million shares outstanding. Its market-to-book ratio...
A company has a share price of $22.08 and $119 million shares outstanding. Its market-to-book ratio is 42, its book debt-equity ratio is 3.2, and it has cash of $800 million. How much would it cost to take over this business assuming you pay its enterprise value? O A. $3.06 billion O B. $1.90 billion OC. $3.80 billion OD. $4.60 billion Click to select your answer. Type here to search
110. The Equity XYZ company has 55 million outstanding shares and the stock price is $80...
110. The Equity XYZ company has 55 million outstanding shares and the stock price is $80 per share. It also issued $1 billion in outstanding debt (face value)with current quote to Firm Value ratio is (E/V)- QUESTION 13 0.6 O 0.7 0.8 O 0.9
Chisel Corporation has 2.833 million shares outstanding at a price per share of $3.92. If the...
Chisel Corporation has 2.833 million shares outstanding at a price per share of $3.92. If the debt-to-equity ratio is 1.41 and total book value of debt equals $12,500,000, what is the market-to-book ratio for Chisel Corporation?
4. Rylan Industries has 5 million shares. The market price per share is $22 and the...
4. Rylan Industries has 5 million shares. The market price per share is $22 and the total book value of the equity on the firm's balance sheet is $50 million. Suppose the firm's book debt-to-equity ratio is 1.4 and it has cash of $6.3 million. a) What is the firm's market capitalization? b) How does the market capitalization compare to Rylan's book equity value? What is the firm's market-to-book ratio? c) What is the firm's enterprise value? How does that...
MARKET/BOOK RATIO Edelman Engines has $9 billion in total assets. Its balance sheet shows $1.35 billion...
MARKET/BOOK RATIO Edelman Engines has $9 billion in total assets. Its balance sheet shows $1.35 billion in current liabilities, $4.5 billion in long-term debt, and $3.15 bllion in common equity. It has 800 million shares of common stock outstanding, and its stock price is $39 per share. What is Edelman's market/book ratio? Round your answer to two decimal places.
3. Problem 7-03 (Market-Book Ratio) eBook Market/Book Ratio Winston Watch's stock price is $80 per share....
3. Problem 7-03 (Market-Book Ratio) eBook Market/Book Ratio Winston Watch's stock price is $80 per share. Winston has $10 billion in total assets. Its balance sheet shows $1 billion in current liabilities, $3 billion in long-term debt, and $6 billion in common equity. It has 450 million shares of common stock outstanding. What is Winston's market/book ratio? Do not round intermediate calculations. Round your answer to two decimal places.
Hero Manufacturing has 8.9 million shares of common stock outstanding. The current share price is $73 and the book value...
Hero Manufacturing has 8.9 million shares of common stock outstanding. The current share price is $73 and the book value per share is $6. The company also has two bond issues outstanding. The first bond issue has a face value of $65 million, a coupon rate of 6.3 percent and sells for 109.3 percent of par. The second issue has a face value of $52.8 million, a coupon rate of 8.2 percent and sells for 113.1 percent of par. The...
GHI Company has 4 million common shares outstanding and 3 million preferred shares outstanding, and its...
GHI Company has 4 million common shares outstanding and 3 million preferred shares outstanding, and its equity has a total book value of $65 million. Its debt has a market value of $30 million. If GHI Company's common and preferred shares are priced at $23.15 and $29.1, respectively, what is the market value of GHI Company's assets? Enter your answer in millions of dollars. V = Number million Click "Verify" to proceed to the next part of the question.
A company with a share price of $57 has shares outstanding of 4 million and net...
A company with a share price of $57 has shares outstanding of 4 million and net income of $11 million. The company conducts a leverage recapitalization to alter its capital structure by borrowing $4 million and using the proceeds to buy back shares. The pre-tax cost of debt is 6% and the company's tax rate is 39%. What will be the new earnings per share after the leverage recapitalization? Enter your answer rounded to two decimals. Please double check your...
4) A company has a share price of $25.09 and 116 million shares outstanding. Its market-to-book ratio is 4.2. its book debt-equity ratio is 3.2, and it has cash of $800 million. How much would it cost to take over this business assuming you pay its enterprise value? A) $5.194 billion B) $4.3 billion C) $3.462 billion D) $2.2 billion
A company has a share price of $22.08 and $119 million shares outstanding. Its market-to-book ratio is 42, its book debt-equity ratio is 3.2, and it has cash of $800 million. How much would it cost to take over this business assuming you pay its enterprise value? O A. $3.06 billion O B. $1.90 billion OC. $3.80 billion OD. $4.60 billion Click to select your answer. Type here to search
110. The Equity XYZ company has 55 million outstanding shares and the stock price is $80 per share. It also issued $1 billion in outstanding debt (face value)with current quote to Firm Value ratio is (E/V)- QUESTION 13 0.6 O 0.7 0.8 O 0.9
4. Rylan Industries has 5 million shares. The market price per share is $22 and the total book value of the equity on the firm's balance sheet is $50 million. Suppose the firm's book debt-to-equity ratio is 1.4 and it has cash of $6.3 million. a) What is the firm's market capitalization? b) How does the market capitalization compare to Rylan's book equity value? What is the firm's market-to-book ratio? c) What is the firm's enterprise value? How does that...
MARKET/BOOK RATIO Edelman Engines has $9 billion in total assets. Its balance sheet shows $1.35 billion in current liabilities, $4.5 billion in long-term debt, and $3.15 bllion in common equity. It has 800 million shares of common stock outstanding, and its stock price is $39 per share. What is Edelman's market/book ratio? Round your answer to two decimal places.
3. Problem 7-03 (Market-Book Ratio) eBook Market/Book Ratio Winston Watch's stock price is $80 per share. Winston has $10 billion in total assets. Its balance sheet shows $1 billion in current liabilities, $3 billion in long-term debt, and $6 billion in common equity. It has 450 million shares of common stock outstanding. What is Winston's market/book ratio? Do not round intermediate calculations. Round your answer to two decimal places.
GHI Company has 4 million common shares outstanding and 3 million preferred shares outstanding, and its equity has a total book value of $65 million. Its debt has a market value of $30 million. If GHI Company's common and preferred shares are priced at $23.15 and $29.1, respectively, what is the market value of GHI Company's assets? Enter your answer in millions of dollars. V = Number million Click "Verify" to proceed to the next part of the question.
Most questions answered within 3 hours.
-
Describe the following with suitable
examples.
1- Security Policy Heterogeneity
2-Security Model Heterogeneity
3-Security Mechanism Heterogeneity...
asked 6 minutes ago -
Two kg of ice at -15 °C are placed in a 2 kg bath of water...
asked 5 minutes ago -
Use the following set of observed frequencies to test the
independence of the two variables. Variable...
asked 5 minutes ago -
Please Identify the Term "Determinism" in Psychology
asked 4 minutes ago -
The table below represents the number of republicans, democrats
and independent voting on a specific issue....
asked 10 minutes ago -
List and compare different forms of passive transport and active
transport.
asked 18 minutes ago -
In Netherland Dwarf rabbits, dwarf size is determined by allele
N, and normal-size by allele n....
asked 24 minutes ago -
During Heaton Company’s first two years of operations, it
reported absorption costing net operating income as...
asked 38 minutes ago -
Consider testing the
hypotheses:
H0: p = 0.56
H1: p > 0.56
where p is
the...
asked 42 minutes ago -
In a two-factor analysis of variance a main effect is defined as
____.
a. the unique...
asked 49 minutes ago -
A bank's loan officer rates applicants for credit. The ratings
are normally distributed with a mean...
asked 49 minutes ago -
Fill in the following information for Adipic Acid: molecular
weight, g or ml, mole, melting point,...
asked 55 minutes ago