Use the Tables for the Question(s) Below

question 19

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,Ideko's target economic value is closest to:

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

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Real Property Taxes

Taxes imposed by local governments on real estate properties based on their assessed value.

Deductible

A cost that can be deducted from total income to lower the taxable income amount.

Charitable Contribution Deduction

A tax deduction that allows taxpayers to deduct donations made to qualifying charitable organizations from their taxable income.

Itemize Deductions

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