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:

Eye, Ear, Nose, Throat

A medical specialty, often abbreviated as ENT, that deals with disorders and conditions of the eye, ear, nose, and throat.

Milliliter

A unit of volume in the metric system, equal to one-thousandth of a liter, commonly used to measure liquids.

Discontinue

The act of ending or stopping something, such as medication or treatment.

NPO

An abbreviation for "nil per os", a medical instruction meaning nothing by mouth, used to ensure a patient's stomach is empty for a procedure or test.