A Firm Has an EBIT of $41,300,depreciation of $1,200,interest of $850,and

question 17

Multiple Choice

A firm has an EBIT of $41,300,depreciation of $1,200,interest of $850,and taxes of $210.The EBITDA multiple is 9.6.What is the value of the firm?

• A)$378,800
• B)$307,300
• C)$392,340
• D)$408,000
• E)$387,200

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Definitions:

Ho Chi Minh Trail

A network of paths and roads used by North Vietnam during the Vietnam War to transport troops and supplies to the Viet Cong in South Vietnam.

Underground

Operating secretly, especially as part of a resistance movement, subculture, or in illegal activities.

Camouflage

A method of disguise that allows an object or person to remain unnoticed by blending in with its surroundings.

Minimal Results

Outcomes or effects that are very small or insignificant, especially in comparison to the effort or expectations invested.