An analyst wants to estimate the ABC's equity value. ABC's current net income is 1.95 million and EBITDA million. ABC's current cash balance is 2 million and book value of debt is 8.25 million. He gathered the val multiples for four competitors: Metlife Inc(MET), Prudential Financial Inc.( PRU), Lincoln Natioanl Corp Voya Financial Inc.. (VOYA). Company Symbol Price/earnings multiple Enterprise Yalys/EBITRA PRU 9.6 LNC VOYA 9.2 9.2 8.2 8.2 MET average multiples 9.7 7.1 9.525 8.275

An analyst wants to estimate the ABC's equity value. ABC's current net income is 1.95 million and EBITDA million. ABC's current cash balance is 2 million and book value of debt is 8.25 million. He gathered the val multiples for four competitors: Metlife Inc(MET), Prudential Financial Inc.( PRU), Lincoln Natioanl Corp Voya Financial Inc.. (VOYA). Company Symbol Price/earnings multiple Enterprise Yalys/EBITRA PRU 9.6 LNC VOYA 9.2 9.2 8.2 8.2 MET average multiples 9.7 7.1 9.525 8.275

Name: 13 Use the following information to answer questions 18-20.An analyst
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Description: 13 Use the following information to answer questions 18-20.An analyst wants to estimate the ABC's equity value. ABC's current net income is 1.95 million and EBITDA is 10million. ABC's current cash balance is 2 million and book value of debt is 8.25 m

Principles of Accounting Volume 1

19th Edition

ISBN:9781947172685

Author:OpenStax

Publisher:OpenStax

Chapter9: Accounting For Receivables

Section: Chapter Questions

Problem 4TP: You are considering two possible companies for investment purposes. The following data is available...

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