Ask Question, Ask an Expert

+1-415-315-9853

info@mywordsolution.com

Ask Basic Finance Expert

Multiple Analysis: Turnbull Corp. had an EBIT of $247 million in the last fiscal year. Its depreciation and amortization expenses amounted to $84 million. The firm has 135 million shares outstanding and a share price of $12.80. A competing firm that is very similar to Turnbull has an enterprise value/EBITDA multiple of 5.40.

What is the enterprise value of Turnbull Corp.? Round to the nearest million dollars.

 

Basic Finance, Finance

  • Category:- Basic Finance
  • Reference No.:- M923984

Have any Question? 


Related Questions in Basic Finance

Identify if the following actions constitute hedging

Identify if the following actions constitute hedging (explain in detail why an action is hedging or why not): An employee of Microsoft owns employee stock options in the company but his options are yet not vested. To avo ...

Develop a computer program that can be used to maintain the

Develop a computer program that can be used to maintain the current status of all active contracts of a construction rum. Input should include contract number and description, contract amount, date of contract award, dat ...

Assignment lasa case analysis-sustainable developmentin

Assignment: LASA, Case Analysis-Sustainable Development In this assignment, the objective is to further understand some illustrative examples of how companies have accomplished the multiple tasks of meeting objectives fo ...

Use aggregate supply and aggregate demand curves to explain

Use aggregate supply and aggregate demand curves to explain what will happen to prices, output, and employment, ceteris paribus, in each of the following situations: a. The government cuts spending. b. The Fed makes open ...

What does it mean that managers should maximize shareholder

What does it mean that managers should maximize shareholder wealth "subject to ethical constraints"? What are the ethical considerations that might impact decisions that result in cash flow and price effects that are les ...

A mahjong set contains 136 tiles consisting of the

A Mahjong set contains 136 tiles consisting of the following 17 types of tiles: 1) the numbers 1 to 9 in the Circle Suit; 2) the numbers 1 to 9 in the Sticks suit; 3) the numbers 1 to 9 in the Characters suit; 4) the 4 D ...

Which statement is falsea if pa 05 then the odds against

Which statement is false? A. If P(A) = .05, then the odds against event A's occurrence are 19 to 1. B. If A and B are mutually exclusive events, then P(A or B) = 0. C. The number of permutations of five things taken two ...

Fomc what are the main goals of the federal open market

FOMC : What are the main goals of the Federal Open Market Committee (FOMC)? How does it attempt to achieve these goals?

Explain how a recessionary output gap would emerge in an

Explain how a recessionary output gap would emerge in an economy where the long-run aggregate supply curve is persistently shifting to the right.

Hughes co is growing quickly dividends are expected to grow

Hughes Co. is growing quickly. Dividends are expected to grow at a 24.1 % rate for the next three years, with the growth rate falling off to a constant 5 % thereafter. If the required return is 10.9 % and the company jus ...

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

A cola-dispensing machine is set to dispense 9 ounces of

A cola-dispensing machine is set to dispense 9 ounces of cola per cup, with a standard deviation of 1.0 ounce. The manuf

What is marketingbullwhat is marketing think back to your

What is Marketing? • "What is marketing"? Think back to your impressions before you started this class versus how you

Question -your client david smith runs a small it

QUESTION - Your client, David Smith runs a small IT consulting business specialising in computer software and techno

Inspection of a random sample of 22 aircraft showed that 15

Inspection of a random sample of 22 aircraft showed that 15 needed repairs to fix a wiring problem that might compromise

Effective hrmquestionhow can an effective hrm system help

Effective HRM Question How can an effective HRM system help facilitate the achievement of an organization's strate