Suppose Healey Corp.has the Following Characteristics

Multiple Choice

Suppose Healey Corp.has the following characteristics:
Shares outstanding: 68,500
Current share price: $13.50
Total debt: $438,500
Total cash: $63,100
Based on the formula above, what is the enterprise value of this company?

A) $948,850
B) $1,300,150
C) $1,500,400
D) $880,900
E) $1,125,600