MTS Has 83 Million Shares Outstanding with a Current Share

question 102

Multiple Choice

MTS has 83 million shares outstanding with a current share price of $19.25.The firm has a market-to-book ratio of 4.17 and a book debt-equity ratio of 1.59.If MTS currently has $24 million in cash,what is its enterprise value?

• A)$0.968 billion
• B)$4.115 billion
• C)$1.598 billion
• D)$2.183 billion
• E)$1.013 billion