Multiple Choice
Lassiter Motors has a debt-equity ratio of 0.45 and total debt of $186,000.The firm's market-to-book ratio is 2.6.The earnings before interest and taxes is $69,200,interest is $26,400,depreciation and amortization total $87,100,and the tax rate is 34 percent.What is the firm's EV to EBITDA ratio if the firm has $31,000 in cash?
A) 7.34
B) 5.47
C) 6.01
D) 6.38
E) 7.87
Correct Answer:
Verified
Correct Answer:
Verified
Q8: The EV/EBITDA ratio has an advantage over
Q76: Greener Grass Co.pays a constant annual dividend
Q77: The underlying assumption of the dividend growth
Q78: Tall Tree Timber has annual net income
Q79: The Extreme Reaches Corp.'s last annual dividend
Q80: Feltwater Furniture has 134,000 shares of stock
Q81: Alto stock pays an annual dividend of
Q82: The Vineyard recently paid an annual dividend
Q85: A common stock pays an annual dividend
Q86: A stock that pays a constant annual