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Business, 06.05.2020 02:28 davisnaziyahovz5sk

You are interested in valuing your favorite ice cream shop, Salt & Straw. S&S currently has an EBIT of $4.79 million, Sales of $8.615 million, NI of $2.4 million, annual depreciation of $.9 million, and amortization of $.5 million. You have determined the current average EBITDA multiple of comparable ice cream shops is 3.9x. What is the value of Salt & Straw?

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