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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Question
q5-
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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