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)
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
Section: Chapter Questions
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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)](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F25649c14-b386-47ed-938b-e4adf79b8155%2F2ebaf1c0-8dc0-4c8a-aa5f-b343a8c7dbb3%2F3br1u6_processed.jpeg&w=3840&q=75)
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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