Suppose Healey Corp.has the Following Characteristics

question 39

Multiple Choice

Suppose Healey Corp.has the following characteristics:
Shares outstanding:
68,500 
Current share price:
$13.50 
Total debt:
$438,500 
Total cash:
$63,100 
Based on the formula above,what is the enterprise value of this company?

• A)$948,850
• B)$1,300,150
• C)$1,500,400
• D)$880,900
• E)$1,125,600

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