Use the Tables for the Question(s) Below

question 78

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 an EBITDA multiple of 9.4, then the continuation EV/Sales ratio of Ideko in 2015 is closest to ________.

• A) 1.9
• B) 1.7
• C) 1.6
• D) 1.8

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Definitions:

Modern-Day

Referring to the current time period or the contemporary era.

Manual Labor

Manual labor entails physical work done by people, often involving the use of hands and physical strength, as opposed to work done by machines or requiring mental skill.

Trail of Tears

Refers to the forced relocation during the 1830s of Eastern Native American tribes to territories west of the Mississippi River, which resulted in the deaths and suffering of thousands.

Cherokees

A Native American people originally from the southeastern United States, now primarily located in Oklahoma and North Carolina.