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Question 34

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Use the tables for the question(s) below.
Estimated 2005 Income Statement and Balance Sheet Data for Ideko Corporation
Use the tables for the question(s)  below. Estimated 2005 Income Statement and Balance Sheet Data for Ideko Corporation    The following are financial ratios for three comparable companies:    -Based upon the average EV/EBITDA ratio of the comparable firms,if Ideko holds $6.5 million of cash in excess of its working capital needs,then Ideko's target market value of equity is closest to: A)  $155 million B)  $157 million C)  $165 million D)  $191 million E)  $193 million The following are financial ratios for three comparable companies:
Use the tables for the question(s)  below. Estimated 2005 Income Statement and Balance Sheet Data for Ideko Corporation    The following are financial ratios for three comparable companies:    -Based upon the average EV/EBITDA ratio of the comparable firms,if Ideko holds $6.5 million of cash in excess of its working capital needs,then Ideko's target market value of equity is closest to: A)  $155 million B)  $157 million C)  $165 million D)  $191 million E)  $193 million
-Based upon the average EV/EBITDA ratio of the comparable firms,if Ideko holds $6.5 million of cash in excess of its working capital needs,then Ideko's target market value of equity is closest to:


A) $155 million
B) $157 million
C) $165 million
D) $191 million
E) $193 million

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