Use the Tables for the Question(s) Below

question 39

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

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Definitions:

Descendant

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Complete

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FileNotFoundException

An exception thrown by a computer program when it attempts to access or open a file that does not exist.

IOException

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