Use the Tables for the Question(s)below

question 42

Multiple Choice

Use the tables for the question(s) below.
Pro Forma Income Statement for Ideko,2010-2015
Pro Forma Balance Sheet for Ideko,2010-2015

-Assuming that Ideko has a EBITDA multiple of 8.5,then the continuation enterprise value of Ideko in 2015 is closest to:

• A)$152.8 million
• B)$272.8 million
• C)$301.7 million
• D)$181.7 million

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Definitions:

M1

A category of the money supply that includes all physical money like coins and currency, as well as demand deposits, checking accounts, and negotiable instruments.

Debt

is an obligation that requires one party, the debtor, to pay money or other agreed-upon value to another party, the creditor.

Assets

Resources owned by a person or business, which are expected to produce positive economic value.

Transaction Demand

The requirement to possess currency in order to carry out daily financial transactions.