Based Upon the Average EV/Sales Ratio of the Comparable Firms

question 49

Multiple Choice

Based upon the average EV/Sales ratio of the comparable firms, if Loop holds $6.5 million of cash in excess of its working capital needs, then Loop's target market value of equity is closest to:

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

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Definitions:

Coup d'état

A sudden and illegal seizure of government power by a small group, often military, displacing the existing government authorities.

Constitutional Democracy

A system of government where laws and policies are made within the framework of a constitution, and the power is exercised directly or indirectly through elected representatives.

Grassroots Activities

Grassroots Activities refer to actions and initiatives taken by local, ordinary people rather than those led by political or commercial organizations, often aiming at social or political change.

Environmental Leadership

The practice of influencing and guiding individuals and organizations to make choices that protect and preserve the natural world.