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
Correct Answer:
Verified
Correct Answer:
Verified
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