Use the Table for the Question(s) Below

question 14

Multiple Choice

Use the table for the question(s) below.

-The table above shows the stock prices and multiples for a number of firms in the newspaper publishing industry. Another newspaper publishing firm (not shown) had sales of $640 million, EBITDA of $84 million, excess cash of $67 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 range of reasonable share price estimates?

• A) $6.27 to $8.86
• B) $4.59 to $12.23
• C) $1.15 to $1.53
• D) $6.19 to $9.32

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Definitions:

Prefrontal Cortex

The part of the brain associated with decision-making, social behavior, and personality.

Limbic System

A complex system of nerves and networks in the brain, involved in basic emotions such as fear and pleasure, as well as drives like hunger and sex.

Cerebrum

The large mass of the forebrain, which consists of two hemispheres.

Norepinephrine

A neurotransmitter and hormone involved in the body's fight or flight response, influencing mood, arousal, and blood pressure.