QUESTION 19 Suppose GameStop is trading at $226 per share. The company has 62 million shares outstanding, $892 million in debt and $365 million in cash. What is GameStop's enterprise value? Answer in billions, rounded to one decimal place (Divide the dollar value by 1 billion, round to one decimal place, e.g., $4,275,642,573 = 4.3)

Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
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Question 19
QUESTION 19
Suppose GameStop is trading at $226 per share. The company has 62 million shares outstanding, $892 million in debt
and $365 million in cash. What is GameStop's enterprise value? Answer in billions, rounded to one decimal place (Divide
the dollar value by 1 billion, round to one decimal place, e.g., $4,275,642,573 = 4.3)
Transcribed Image Text:QUESTION 19 Suppose GameStop is trading at $226 per share. The company has 62 million shares outstanding, $892 million in debt and $365 million in cash. What is GameStop's enterprise value? Answer in billions, rounded to one decimal place (Divide the dollar value by 1 billion, round to one decimal place, e.g., $4,275,642,573 = 4.3)
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