How much it cost to take over business by enterprise value


A company has a share price of $24.50 and 118 million shares outstanding. Its book equity is $688 million, its book debt-equity ratio is 3.2, and it has cash of $800 million.

How much would it cost to take over this business assuming you pay its enterprise value?

Solution Preview :

Prepared by a verified Expert
Finance Basics: How much it cost to take over business by enterprise value
Reference No:- TGS0680720

Now Priced at $5 (50% Discount)

Recommended (98%)

Rated (4.3/5)