A company had total revenues of $64 million, operating margin of 32.4%, and depreciation and amortization expense of $17 million over the trailing twelve months. The company currently has $290 million in total debt and $65 million in cash and cash equivalents. The company's shares are currently trading at $32.2 per share and there are 17 million shares outstanding. What is its EV/EBITDA ratio? Round to one decimal place.

Managerial Accounting: The Cornerstone of Business Decision-Making
7th Edition
ISBN:9781337115773
Author:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
Publisher:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
Chapter15: Financial Statement Analysis
Section: Chapter Questions
Problem 55E: Rebert Inc. showed the following balances for last year: Reberts net income for last year was...
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QUESTION 15
A company had total revenues of $64 million, operating margin of 32.4%, and depreciation and amortization expense of $17 million over the
trailing twelve months. The company currently has $290 million in total debt and $65 million in cash and cash equivalents. The company's shares
are currently trading at $32.2 per share and there are 17 million shares outstanding. What is its EV/EBITDA ratio? Round to one decimal place.
Transcribed Image Text:QUESTION 15 A company had total revenues of $64 million, operating margin of 32.4%, and depreciation and amortization expense of $17 million over the trailing twelve months. The company currently has $290 million in total debt and $65 million in cash and cash equivalents. The company's shares are currently trading at $32.2 per share and there are 17 million shares outstanding. What is its EV/EBITDA ratio? Round to one decimal place.
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