Jaxon's has total revenue of $418,300,earnings before interest and taxes of $102,600,depreciation of $59,200,and a tax rate of 21 percent.The firm is all-equity financed with 15,000 shares outstanding at a book value of $38.03 a share and a price-to-book ratio of 3.2.What is the firm's EV/EBITDA ratio if the firm has excess cash of $49,300?
A)9.67
B)11.28
C)8.39
D)9.15
E)10.98

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The Answer of Jaxon's has total revenue of $418,300,earnings before interest and taxes of $102,600,depreciation of $59,200,and a tax rate of 21 percent.The firm is all-equity financed with 15,000 shares outstanding at a book value of $38.03 a share and a price-to-book ratio of 3.2.What is the firm's EV/EBITDA ratio if the firm has excess cash of $49,300?
A)9.67
B)11.28
C)8.39
D)9.15
E)10.98

Jaxon's Has Total Revenue of $418,300,earnings Before Interest and Taxes