Use the Tables for the Question(s) Below

question 45

Multiple Choice

Use the tables for the question(s) below.

The following are financial ratios for three comparable companies:

-Based upon the average EV/Sales ratio of the comparable firms,Ideko's target economic value is closest to:

• A)$191 million.
• B)$155 million.
• C)$165 million.
• D)$157 million.

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Definitions:

Activity Variance

The difference between the budgeted amount of an activity and its actual cost or output.

Cost Formula

An equation used to calculate the total cost of producing goods or services by accounting for both fixed and variable costs.

Plane Operating Costs

Expenses associated with the operation of an aircraft, including fuel, maintenance, crew salaries, and insurance.

Passengers

Passengers refer to individuals who travel in a vehicle but are not directly involved in the vehicle's operation, often regarded in contexts such as public transportation, airlines, and automobiles.