QUESTION 16 You are trying to value a company which had revenues of $29 million over the last twelve months. Depreciation and amortization expenses were $5 million. Operating margin is 39.7%. It has...

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Extracted text: QUESTION 16 You are trying to value a company which had revenues of $29 million over the last twelve months. Depreciation and amortization expenses were $5 million. Operating margin is 39.7%. It has $27 million of debt, $4 million in cash, and 5 million shares outstanding. Comparable companies are trading at an average trailing EV/EBITDA multiple of 11. How much is each share worth using the relative valuation method? O a. $53.1 O b. $31.7 O C. $26.4 O d. $18.6 O e. $20.6 f. $18.0 g. $38.6 h. $34.6