Multiple Choice
MTS has 83 million shares outstanding with a current share price of $19.25.The firm has a market-to-book ratio of 4.17 and a book debt-equity ratio of 1.59.If MTS currently has $24 million in cash,what is its enterprise value?
A) $0.968 billion
B) $4.115 billion
C) $1.598 billion
D) $2.183 billion
E) $1.013 billion
Correct Answer:

Verified
Correct Answer:
Verified
Q55: What will be the effect on the
Q97: A manufacturer of plastic bottles for the
Q98: Use the table for the question(s)below.<br>Income Statement
Q99: Which of the following is the main
Q100: The firm's statement of cash flows uses
Q103: A firm's net profit margin increased from
Q104: Use the table for the question(s)below.<br>Statement of
Q105: Use the table for the question(s)below.<br>Statement of
Q106: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB6725/.jpg" alt=" Above are portions
Q107: One way Enron manipulated its financial statements