A company has a share price of $23.76 and 116 million shares outstanding. Its market−to−book ratio...

A company has a share price of $23.76 and 116 million shares outstanding. Its market−to−book ratio is 4.2, its book debt−equity ratio is 3.2, and it has cash of $850 million. How much would it cost to take over this business assuming you pay its enterprise value?

A. $2 billion

B. $4.81 billion

C. $3.2 billion

D. $4 billion

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jeff jeffy answered 2 years ago

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