As a financial analyst intern, you are required to cover the basics of the Money Monster AG. Below are the details. Tota
Posted: Sat Feb 19, 2022 2:31 pm
As a financial analyst intern, you are required to cover the basics of the Money Monster AG. Below are the details. Total assets 89.2 million EUR Book value of equity 24.7 million EUR Net debt 58.8 million EUR Earnings before interest and taxes 5.8 million EUR Depreciation and amortization 1.5 million EUR Net income 2.9 million EUR Share price 22.30 EUR Number of shares outstanding 1.5 million shares Sales 49.0 million EUR Tax rate 26.00 % What is the EBIT/Interest coverage of MoneyMonster AG? Select one: A. 3.75 B. The EBIT/Interest coverage cannot be calculated with the given information. C. 5.26 D. 3.08