Cervil Had an EBIT of $247 Million in the Last

question 75

Multiple Choice

Cervil had an EBIT of $247 million in the last fiscal year. Its depreciation and amortization expenses amounted to $84 million. The firm has 135 million shares outstanding and a share price of $12.80. A competing firm that is very similar to Cervil has an enterprise value/EBITDA multiple of 5.40. What is the enterprise value of Cervil? (Round to the nearest million dollars.)

• A) $1,334 million
• B) $453 million
• C) $1,787 million
• D) $1,315 million

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Defenses

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Bystander Theory

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Warning Label

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