Essay
Use the tables for the question(s) below.
The following are financial ratios for three comparable companies:
-What range for the market value of equity for Ideko is implied by the range of EV/Sales multiples for the comparable firms if Ideko holds $6.5 million of cash in excess of its working capital needs?
Correct Answer:

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Low EV/Sales (Nike)= 1.5
Low EV = Sales ...View Answer
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Correct Answer:
Verified
Low EV = Sales ...
View Answer
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