ech Co. has 180 million shares outstanding and each share of Tech Co. trades at $800. The book value of equity for Tech

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ech Co. has 180 million shares outstanding and each share ofTech Co. trades at $800. The book value of equity for Tech Co. is$37 per share. In the most recent quarter, Tech Co. has $12.95billion in debt and $6.07 billion in cash holdings.The Enterprise Value for Tech Co. is ___________,which can be interpreted as____________
$156.90 billion; the book value of assets.
$150.88 billion; the price to take over the business.
$460.98 billion; the value of business plus inventory costs.
$126.88 billion; the market value of equity.