Suppose GameStop is trading at $181 per share. The company has 75 million shares outstanding, $973 million in debt and $350 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)
Suppose GameStop is trading at $181 per share. The company has 75 million shares outstanding, $973 million in debt and $350 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
Problem 1PS
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Transcribed Image Text:QUESTION 19
Suppose GameStop is trading at $181 per share. The company has 75 million shares outstanding, $973 million in debt and $350 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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