medium · Principles of Finance financial-statements-markets-wc

A firm has an Enterprise Value (EV) of $5,000 million, total debt of $1,500 million, cash of $200 million, and a non-controlling interest (NCI) on the balance sheet of $300 million.

If there are 200 million shares outstanding, what is the per-share equity value?

  1. $18.50
  2. $17.00
  3. $20.50
  4. $15.50

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