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zzz [600]
2 years ago
6

After researching the competitors of EJH​ Enterprises, you determine that most comparable firms have the following valuation​ ra

tios: Comp 1 Comp 2 Comp 3 Comp 4 ​EV/EBITDA 12 11 12.5 10 ​P/E 19 18 20 17 EJH Enterprises has EPS of ​$1.80​, EBITDA of ​$295 ​million, ​$25 million in​ cash, ​$40 million in​ debt, and 104 million shares outstanding. What range of prices is consistent with both sets of​ multiples?
Business
1 answer:
Vera_Pavlovna [14]2 years ago
4 0

Answer:

The range consistent with both sets would be $34.00 to $37.40. This includes the smallest value that is within both the P/E and EV/EBITDA ranges ($34) and the highest value within both ranges ($37.40)

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As of November 29, it appears that Notel will report earnings per share (EPS) of $1.15 for the quarter ended November 30. Which
astra-53 [7]

Answer: D.  The company reissues the treasury stock it holds.

Explanation:

Earnings per share is calculated by dividing the Net Income by the weighted average number of shares that a company has outstanding. If the company reissues treasury stock, this would increase the number of average stock outstanding thereby increasing the denominator of the EPS equation which would have the effect of reducing the Earnings per share.

For instance, if a company had net income of $50 and common equity outstanding of $40, the EPS would be;

= 50/40

= $1.25

If the company reissues treasury stock of $30, the EPS would change to;

= 50/ (40 +30)

= $0.71

8 0
3 years ago
What is 1/2 + 1/4=? Can someone help me (ps it's just a test to see if this app really works)
sergij07 [2.7K]

The answer is 3/4 and yes it really works

5 0
3 years ago
Materials purchased on account during the month amounted to $190,000. Materials requisitioned and placed in production totaled $
svetoff [14.1K]

The entry to record the transaction for materials requisitioned by the production department is to

Debit WIP $156,000

Credit Materials $156,000

Organization accountants should account for direct and indirect materials one after the other. The magazine entry for direct substances, this is, substances that can be without delay traced to merchandise, is a debit to the paintings in technique and a credit to the raw materials inventory accounts.

To file materials used in manufacturing, a debit for the value of raw substances is made to the WIP inventory account and a credit score is made to the raw substances account. Exertion fees are spilt between direct and indirect labor.

Learn more about transactions here brainly.com/question/1016861

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5 0
1 year ago
The Muffin House produces and sells a variety of muffins. The selling price per dozen is $ 18​, variable costs are $ 5 per​ doze
Vlad1618 [11]

Answer:

$7,222

Explanation:

Given that,

Selling price per dozen = $18​

Variable costs = $5 per​ dozen

Total fixed costs = $ 5,200

Contribution margin per dozen:

= Selling price per dozen - Variable costs per dozen

= $18​ - $5

= $13

Contribution margin ratio:

= (Contribution margin ÷ Selling price per dozen) × 100

= ($13 ÷ $18) × 100

= 0.72 × 100

= 72%

Break-even sales in​ dollars:

= Total fixed costs ÷ Contribution margin ratio

= $5,200 ÷ 0.72

= $7,222

6 0
3 years ago
Which of the following is NOT a necessary condition for oligopoly? differentiated products barriers to entry strategic dependenc
stepladder [879]

Answer:

differentiated products.

Explanation:

An oligopoly occurs when a few large firms dominate a market and they aim to maximise profit. The action of one firm has significant effect on the market, so the firm's are interdependent.

There are high barriers to entry including use of government liscences, patents, economies of scale, and actions taken by firms to discourage entry into the market.

However differentiation of products is not a necessary condition for oligopoly. Products can be homogenous or differentiated.

8 0
2 years ago
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