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Which valuation method would be best to use if you are looking to invest in a start-up company that took on debt to spend a significant amount on upfront CapEx and has high growth potential?

Individuals with which condition experience personality changes and disinhibition much earlier than persons with Alzheimer’s disease?  

Episodic memory and working memory are most affected by the aging process, whereas semantic, lexical, and nondeclarative memory are more likely to be preserved.

Which of the following is the one common feature associated with all types of aphasia?

Although other conditions and diseases can cause language impairments, what term is used if it is primarily a language deficit?

What medical professional is the only member of the healthcare team who actually witnesses the patient’s use of medications and their outcome, at least in the institutional setting?

Which of the following is the main excitatory neurotransmitter in the brain?  

What is a disadvantage of using “comparables method” for equity valuation?

Use the table for the question(s) below. Name Market Capitalization ($ million) Enterprise Value       ($ million) P/E Price/ Book Enterprise Value/ Sales Enterprise Value/ EBITDA Gannet 6350 10,163   7.36 0.73 1.4 5.04 New York Times 2423   3472 18.09 2.64 1.10 7.21 McClatchy   675   3061    9.76 1.68 1.40 5.64 Media General   326   1192 14.89 0.39 1.31 7.65 Lee Enterprises   267   1724    6.55 0.82 1.57 6.65 Average     11.33 1.25 1.35 6.84 Maximum     +60% 112% +16% +22% Minimum     -40% -69% -18% -19% The table above shows the stock prices and multiples for a number of firms in the newspaper publishing industry. Another newspaper publishing firm (not shown) had sales of $600 million, EPS of $0.50, excess cash of $68 million, $18 million of debt, and 120 million shares outstanding. If the average PE ratio is used for comparable businesses is used, which of the following is the best estimate of the firm’s share price?

Brutus Buckeye Co. generated free cash flow of $80 million this past year. For the next two years, the company’s free cash flow is expected to grow at a rate of 12%. After that time, the company’s free cash flow is expected to level off to the industry long-term growth rate of 4% per year. If the weighted average cost of capital is 12% and the company has cash of $100 million, debt of $300 million, and 100 million shares outstanding, what is the company’s total market capitalization? (reminder: market capitalization = price per share * number of shares outstanding)