What is the company's enterprise value

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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Shown below is the Balance Sheet for Epsilon Ltd.  It's current share price is $8.12 and it has 41,000 shares outstanding.  What is the company's enterprise value?

 

ASSETS $000   LIABILITIES $000
 Cash and cash equivalents  88    Current liabilities  52
 Accounts receivable  104    Long-term debt  329
 Inventory  115   TOTAL LIABILITIES 381
 Fixed assets 537   SHAREHOLDERS' EQUITY 463
TOTAL ASSETS 844   TOTAL LIABILITIES & SHAREHOLDERS' EQUITY 844


 

a.
$573920
b.
$749920
c.
$880000
d.
$704000
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