Lassiter Motors Has a Debt-Equity Ratio of 0

question 35

Multiple Choice

Lassiter Motors has a debt-equity ratio of 0.45 and total debt of $186,000.The firm's market-to-book ratio is 2.6.The earnings before interest and taxes is $69,200,interest is $26,400,depreciation and amortization total $87,100,and the tax rate is 34 percent.What is the firm's EV to EBITDA ratio if the firm has $31,000 in cash?

• A)7)34
• B)5)47
• C)6)01
• D)6)38
• E)7)87

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Definitions:

Germline Mutation

A germline mutation is a mutation that affects the gametes (eggs, sperm) of an individual and can be transmitted from parents to offspring. Germline mutations create the heritable genetic variation that is relevant to evolution.

Frameshift Mutation

A genetic mutation caused by insertions or deletions of a number of nucleotides that is not divisible by three, leading to a shift in the reading frame of codons and potentially altering protein function.

Phenotypic Plasticity

The potential of an organism to transform its observable traits in adaptation to environmental variations.

Genetic Polymorphisms

The occurrence of two or more distinct forms of a gene within a population, contributing to genetic diversity.