Use the Information for the Question(s)below

question 80

Multiple Choice

Use the information for the question(s) below.
Suppose that Texas Trucking (TT) has earnings per share of $3.45 and EBITDA of $45 million.TT also has 5 million shares outstanding and debt of $150 million (net of cash) .You believe that Oklahoma Logistics and Transport (OLT) is comparable to TT in terms of its underlying business,but OLT has no debt.OLT has a P/E of 12.5 and an enterprise value to EBITDA multiple of 7.
-Based upon the enterprise value to EBITDA ratio,the value of a share of Texas Trucking is closest to:

• A)$33.00.
• B)$82.50.
• C)$43.10.
• D)$21.25.

Recognize the significance of DNA profiling in identifying genetic differences among individuals.

Understand the major causes and effects of stress in the workplace.

Identify the stages and symptoms of burnout and strategies for its prevention and management.

Learn the characteristics of stress-resistant individuals and their coping mechanisms.

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Definitions:

Personal Property Taxes

Taxes levied by local governments on the value of personal property such as vehicles, boats, and equipment.

FICA Taxes

Federal taxes required to be deducted from employees' wages for Social Security and Medicare, also paid in part by employers.

Adjusted Gross Income

The measure of one's taxable income, calculated as gross income minus allowable adjustments.

Deductible Contribution

A contribution to a qualified plan or account that is eligible to be deducted from the contributor's gross income for tax purposes.