1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Vlad1618 [11]
3 years ago
11

the market value of the equity of Ginger, Inc., is $710,000. The balance sheet shows $45,600 in cash and $227,800 in debt, while

the income statement has EBIT of $102,800 and a total of $164,600 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
Business
1 answer:
KengaRu [80]3 years ago
7 0

Answer:

3.34 times

Explanation:

Ginger incorporation has a market valu of equity of $710,000

The debt is $227,800

Cash is $45,600

EBIT is $102,800

The first step is to find the enterprise value

= market capitalization + debt -cash

= $710,000 +$227,800 - $45,600

= $937,800-$45,600

= $892,200

The EBITDA can be calculated as follows

= EBIT + depreciation and amortization

= $102,800 + $164,600

= $267,400

Therefore the enterprise value-EBITDA can be calculated as follows

= 892,200/267,400

= 3.34 times

You might be interested in
Suppose one of the cases is selected at random and the outcome of the appeal and type of trial are observed.
Kruka [31]
What is the question you are asking
7 0
3 years ago
HELP ME PLEASE
ikadub [295]

Answer:

d

Explanation:is wrong i got it wrong on edg

3 0
2 years ago
When mcdonald's offered madame alexander gifts in its happy meals, both companies profited from the _____ arrangement?
Olin [163]

<span>The answer is comarketing arrangement. It is a partnership between two or more companies where both companies cooperatively market each other's products. For example, a company who manufacturers video cards may partner with a game software company, and both companies will market each other's related product.</span>

6 0
4 years ago
You are using earned value analysis to track your project's progress. In your project, earned value is higher than planned value
Inessa [10]

In your project, the earned value is greater than the planned value. This means the project is ahead of schedule and under budget.

<h3>What is project management?</h3>

It is the set of strategies and methods used by the project leader so that all stages of the project occur as planned, that is, techniques for achieving the project objectives, reducing negative risks and using the stipulated budget and schedule.

Therefore, it is essential that the project manager is monitoring all stages of the project, reducing unnecessary costs and integrating the team to increase productivity and meet the schedule.

Find out more about project management here:

brainly.com/question/6500846

#SPJ1

5 0
2 years ago
How did the government help the economy?
melomori [17]
The government helped the economy by preventing monopolies that way small independent buissness could survive.
5 0
3 years ago
Other questions:
  • Which lists the order of Energy Career Pathways from the source to the customer?
    15·2 answers
  • DEF Corporation had two issues of ordinary preferred stock with a $100 par value traded on the NYSE. One issue paid $5.56 annual
    13·1 answer
  • You measure sales over time and realize that the months of July, August, and September are particularly slow. As a result, you a
    15·1 answer
  • Interpretation of intelligence test scores is based on the assumption that the scores are normally distributed within a populati
    11·1 answer
  • All of a country’s citizens pay the ___A__an income tax that is 7% of their annual earnings. This tax is___B____ tax
    14·2 answers
  • Dawson Manufacturing produces and sells DVD players and is planning to expand sales internationally. Dawson has narrowed down th
    7·1 answer
  • What’s the purpose of balancing or monitoring your checking account?
    7·1 answer
  • What is a similarity between a term life insurance policy and a whole life insurance policy?
    5·1 answer
  • What is the difference between gross pay and net pay?
    5·1 answer
  • As a result of a major hurricane, James' property experienced heavy flooding. His home was in a specialized flood hazard area. W
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!