Use the Tables for the Question(s) Below

question 34

Multiple Choice

Use the tables for the question(s) below.
Estimated 2005 Income Statement and Balance Sheet Data for Ideko Corporation
The following are financial ratios for three comparable companies:

-Based upon the average EV/EBITDA ratio of the comparable firms,if Ideko holds $6.5 million of cash in excess of its working capital needs,then Ideko's target market value of equity is closest to:

• A) $155 million
• B) $157 million
• C) $165 million
• D) $191 million
• E) $193 million

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Definitions:

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Measurement tools made of transparent plastic or metal with degree markings used to measure angles.

Turn Stop

Turn stop usually relates to a mechanical feature designed to limit the rotation angle of a component, ensuring controlled movement or positioning.

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Tires designed with a specific tread and structure for steering axles, offering better stability, handling, and wear characteristics compared to conventional tires.