Use the Information for the Question(s)below

question 46

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 price earnings multiple,the value of a share of Texas Trucking is closest to:

• A)$49.30.
• B)$43.13.
• C)$24.15.
• D)$27.60.

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Definitions:

Thin Stripes

Thin stripes are regions within the visual cortex that specialize in processing color information.

Thick Stripes

Thick stripes refer to bands of neurons in the visual cortex that are involved in processing motion detected by the visual system.

Area V2

A part of the visual cortex that processes visual information, playing a key role in the perception of visual depth, texture, and color.

Single Unit Recordings

The measurement of the electrical activity from individual neurons, often used to understand neural function and behavior.