The market value of the equity of Nina, Incorporated, 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

Corporate Fin Focused Approach
5th Edition
ISBN:9781285660516
Author:EHRHARDT
Publisher:EHRHARDT
Chapter2: Financial Statements, Cash Flow, And Taxes
Section: Chapter Questions
Problem 15SP
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Q10
1
bok
rences
Mc
Graw
Hill
3
Q
The market value of the equity of Nina, Incorporated, 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
2
W
#3
20
E
54
$
R
times
%
5
< Prev
T
A
6
10 of 10
Y
#
&
7
Next >
►
* CO
U
A
(
Transcribed Image Text:1 bok rences Mc Graw Hill 3 Q The market value of the equity of Nina, Incorporated, 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 2 W #3 20 E 54 $ R times % 5 < Prev T A 6 10 of 10 Y # & 7 Next > ► * CO U A (
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