Use the Table for the Question(s)below

question 38

Multiple Choice

Use the table for the question(s) below.
-The table above shows the share prices and multiples for a number of firms in the media industry. Another media firm (not shown) had sales of $620 million, EBITDA of $84 million, excess cash of $66 million, $14 million of debt, and 120 million shares outstanding. If the average enterprise value to sales for comparable businesses is used, which of the following is the best estimate of the firm's share price?

• A)$6.89
• B)$6.98
• C)$7.65
• D)$7.41

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Definitions:

Electroconvulsive Therapy

A psychiatric treatment in which seizures are electrically induced in anesthetized patients to provide relief from mental disorders.

Psychiatrist

A medical doctor specialized in the diagnosis, prevention, study, and treatment of mental disorders.

Antidepressants

Medications designed to alleviate symptoms of depression by adjusting chemical imbalances of neurotransmitters in the brain.

ECT

Electroconvulsive Therapy, a psychiatric treatment in which seizures are electrically induced in patients to provide relief from mental disorders.