This topic contains a solution. Click here to go to the answer

Author Question: The industry average P/E for the athletics and apparel industry is 18.8. Estimate the fair value of ... (Read 125 times)

roselinechinyere27m

  • Hero Member
  • *****
  • Posts: 557
The industry average P/E for the athletics and apparel industry is 18.8. Estimate the fair value of Nike's shares based on the industry average multiple and the data supplied in the table, below.
 
  Price 65
  EPS 3
  Debt 545M
  Equity 9,087M
  Cash 3,630M
  EBITDA 2,770M
  Shares 487M
 
  A) 11.43
  B) 56.40
  C) 65.00
  D) 68.00
  E) 87.50

Question 2

The Truth in Savings Law requires banks to advertise their rates on investments such as CDs and savings accounts as annual percentage yields (APY).
 
  Indicate whether the statement is true or false.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Edwyer

  • Sr. Member
  • ****
  • Posts: 337
Answer to Question 1

B

Answer to Question 2

Answer: TRUE




roselinechinyere27m

  • Member
  • Posts: 557
Reply 2 on: Jul 10, 2018
Excellent


rleezy04

  • Member
  • Posts: 322
Reply 3 on: Yesterday
Gracias!

 

Did you know?

The first oral chemotherapy drug for colon cancer was approved by FDA in 2001.

Did you know?

Drug-induced pharmacodynamic effects manifested in older adults include drug-induced renal toxicity, which can be a major factor when these adults are experiencing other kidney problems.

Did you know?

About 3.2 billion people, nearly half the world population, are at risk for malaria. In 2015, there are about 214 million malaria cases and an estimated 438,000 malaria deaths.

Did you know?

Though methadone is often used to treat dependency on other opioids, the drug itself can be abused. Crushing or snorting methadone can achieve the opiate "rush" desired by addicts. Improper use such as these can lead to a dangerous dependency on methadone. This drug now accounts for nearly one-third of opioid-related deaths.

Did you know?

Patients who have been on total parenteral nutrition for more than a few days may need to have foods gradually reintroduced to give the digestive tract time to start working again.

For a complete list of videos, visit our video library