question archive Hardee's is similar to McDonald's and Burger King
Hardee's is similar to McDonald's and Burger King
Subject:FinancePrice: Bought3
Hardee's is similar to McDonald's and Burger King. You want to find the enterprise value of Hardee's. You know that their EBITDA is $2,326 million, interest-bearing debt is $2,303 million and cash is $202 million. McDonald's EV/EBITDA is 3.5 and Burger King's EV/EBITDA is 2.6. Find Hardee's enterprise value, rounded to the nearest million.
