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What is the value of firm based on the earnings multiplier

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Question - Smith Co. is a firm specializing in financial advice for retired individuals. After some analysis, you have determined that an earnings multiplier of 7 is appropriate for this type of business. Smith's most recent earnings totaled $259,000 and earnings per share was $5.40. What is the value of the firm based on the earnings multiplier?

Reference no: EM133020271

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