Suppose Healey Corp.has the following characteristics:
Shares outstanding:
68,500
Current share price:
$13.50&nbsp
Total debt:
$438,500
Total cash:
$63,100
Based on the formula above,what is the enterprise value of this company?
A)$948,850
B)$1,300,150
C)$1,500,400
D)$880,900
E)$1,125,600

Question

Suppose Healey Corp.has the following characteristics:
Shares outstanding:
68,500 
Current share price:
$13.50&nbsp
Total debt:
$438,500 
Total cash:
$63,100 
Based on the formula above,what is the enterprise value of this company?
A)$948,850
B)$1,300,150
C)$1,500,400
D)$880,900
E)$1,125,600

Quizplus · Accepted Answer

The Answer of Suppose Healey Corp.has the following characteristics:
Shares outstanding:
68,500 
Current share price:
$13.50&nbsp
Total debt:
$438,500 
Total cash:
$63,100 
Based on the formula above,what is the enterprise value of this company?
A)$948,850
B)$1,300,150
C)$1,500,400
D)$880,900
E)$1,125,600

Suppose Healey Corp.has the Following Characteristics