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Turnbull Corp. had an EBIT of $247 million in the last fiscal
year. Its depreciation and amortization expenses amounted to
$84 million. The firm has 135 million shares outstanding and a
share price of $12.80. A competing firm that is very similar to
Turnbull has an enterprise value/EBITDA multiple of
5.40. What is the enterprise value of Turnbull Corp.? Round
to the nearest million dollars.
$1,334 million
$453.6 million
$1,787 million
$1,315 million
Teakap, Inc., has current assets of $ 1,456,312 and total assets
of $4,812,369 for the year ending September 30, 2006. It also
has current liabilities of $1,041,012, common equity of
$1,500,000, and retained earnings of $1,468,347. How much
long-term debt does the firm have?
$803,010
$1,844,022
$2,303,010
$2,123,612
Drekker, Inc., has revenues of $312,766, costs of $220,222,
interest payment of $31,477, and a tax rate of 34 percent. It paid
dividends of $34,125 to shareholders. Find the firm's dividend
payout ratio and retention ratio.
45%, 55%
85%, 15%
15%, 85%
55%, 45%

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Turnbull Corp. had an EBIT of $247 million in the last fiscal year.docx

  • 1. Turnbull Corp. had an EBIT of $247 million in the last fiscal year. Its depreciation and amortization expenses amounted to $84 million. The firm has 135 million shares outstanding and a share price of $12.80. A competing firm that is very similar to Turnbull has an enterprise value/EBITDA multiple of 5.40. What is the enterprise value of Turnbull Corp.? Round to the nearest million dollars. $1,334 million $453.6 million $1,787 million $1,315 million Teakap, Inc., has current assets of $ 1,456,312 and total assets of $4,812,369 for the year ending September 30, 2006. It also has current liabilities of $1,041,012, common equity of $1,500,000, and retained earnings of $1,468,347. How much long-term debt does the firm have? $803,010 $1,844,022 $2,303,010 $2,123,612
  • 2. Drekker, Inc., has revenues of $312,766, costs of $220,222, interest payment of $31,477, and a tax rate of 34 percent. It paid dividends of $34,125 to shareholders. Find the firm's dividend payout ratio and retention ratio. 45%, 55% 85%, 15% 15%, 85% 55%, 45%