The company in the previous question, Dodd Corporation, has 100,000shares of common stock owned by its founder. Dodd owes $1,300,000to its bank. Dodd has 11,400 customers. If the average ratio of totalentity value to customers is $500 for a group of comparable publiccompanies, what is Dodd’s estimated total entity value? ($5,700,000)What is its estimated stock value on a per share basis? ($44.00)

The company in the previous question, Dodd Corporation, has 100,000shares of common stock owned by its founder. Dodd owes $1,300,000to its bank. Dodd has 11,400 customers. If the average ratio of totalentity value to customers is $500 for a group of comparable publiccompanies, what is Dodd’s estimated total entity value? ($5,700,000)What is its estimated stock value on a per share basis? ($44.00)

EBK CONTEMPORARY FINANCIAL MANAGEMENT

14th Edition

ISBN:9781337514835

Author:MOYER

Publisher:MOYER

Chapter23: Corporate Restructuring

Section: Chapter Questions

Problem 12P

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