Suppose Gallinger Corp.has the following characteristics:
A)$9,500,000
B)$10,500,000
C)$11,500,000
D)$12,000,000
E)$13,500,000

Name: Suppose Gallinger Corp.has the following characteristics: A)$9,500,000 B)$10,500,000 C)$11,500,000 D)$12,000,000 E)$13,500,000
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Question

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Shares outstanding: 1,000,000
Current share price: $10
Total debt: $1,000,000
Total cash: $500,000
Based on the formula above, what is the enterprise value of Gallinger Corp.?

Suppose Gallinger Corp.has the Following Characteristics