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Author Question: A company has a share price of $24.50 and $118 million shares outstanding. Its market-to-book ratio ... (Read 143 times)

robinn137

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A company has a share price of $24.50 and $118 million shares outstanding. Its market-to-book ratio is 4.2, its book debt-equity ratio is 3.2, and it has cash of $800 million. How much would it cost to take over this business assuming you pay its enterprise value?
◦ $3.6 billion
◦ $1.5
◦ $2.8 billion
◦ $4.2 billion


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Marked as best answer by robinn137 on Jul 9, 2019

jsm54321

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robinn137

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Reply 2 on: Jul 9, 2019
Gracias!


ricroger

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Reply 3 on: Yesterday
Great answer, keep it coming :)

 

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