Russell's has annual revenue of $387,000 with costs of $216,400. depreciation is $48,900 and the tax rate is 30 percent. the firm has debt outstanding with a market value of $182,000 along with 9,500 shares of stock that is selling at $67 a share. the firm has $48,000 of cash of which $29,500 is needed to run the business. what is the firm's ev/ebitda ratio

EV/EBITDA = 4.69

Explanation:

Given that,

Annual revenue = $387,000

Costs = $216,400

Depreciation = $48,900

Tax rate = 30 percent

Debt outstanding with a market value = $182,000

9,500 shares of stock that is selling at $67 a share

Cash = $48,000

EV/EBITDA =

EV/EBITDA =

EV/EBITDA =

EV/EBITDA = 4.69

the correct answer is:

it required the president to inform congress within forty-eight hours of any new troop commitment.

the war powers resolution (1973) is a federal law designed to limit the u.s. president’s ability to initiate or intensify military actions abroad without the approval of the congress.

it establishes that the president can send armed forces into action abroad only by declaration of war by congress, statutory authorization, or in case of a national emergency created by attack upon the united states, its territories or possessions, or its armed forces.

it requires the president to notify congress within 48 hours of sending armed forces to military action.