Calculate Implied Enterprise Value Given the Following Details

question 28

Multiple Choice

Calculate implied enterprise value given the following details.

Details:
Offer price per share: $20.0
Fully diluted shares outstanding: 100
Total debt: $200.0
Cash: $100.0

• A)$2,000
• B)$1,900
• C)$2,100
• D)$1,700

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Definitions:

Acadia

A historical region in North America, mainly encompassing parts of present-day provinces of Nova Scotia, New Brunswick, and Quebec, known for its early French colonial history.

Redemptioners

Immigrants, particularly in the 18th and 19th centuries, who signed contracts to work in America for a period in exchange for their passage being paid.

Cadwallader Colden

An 18th-century Scottish physician, scientist, and lieutenant governor of New York known for his work in botany and colonial administration.

Junto

A political or literary club or group, especially one formed for mutual improvement or the exchange of ideas.