问题如下：
Vita, a consultant in an international banking group, has been assigned a task to analyze the value of a high-tech company. Information about the company she collected is shown below:
The company has 500 million common equity shares outstanding.
The current stock price is $7.
The company has reported debt of $3500 million, and the market value of the debt is equal to this number.
The company has a reported cash of $1500 million.
The company has $50 million in preferred equity.
The company has $100 million short-term investments.
The reported net sale this year is $3000 million
According to the information above, what is the EV to sales ratio?
选项：
A. 1.82
B. 2.35
C. 1.88
解释：
A is correct
考点：考察EV-to-sales比率的计算，考察EV的计算。
解析：按照定义，EV等于公司的total company value（包括Debt, common equity, preferred equity）减去现金及其等价物，再减去short-term investments。
按照本题信息：本题的Common equity=7×500=3500million
Common equity +MV of debt + preferred equity = 3500+3500+50=7050
从7050中减去cash以及investments = 7050 – 1500-100=5450
除以Net sales可得EV/Sales ratio = 5450/3000 = 1.82
7050里面已经包含了现金和现金等价物以及短期投资的金额了是吗？谢谢老师
