单选题
An analyst does research about enterprise value and gathers the following information about a company:
Cash and short-term investments | $25million |
Market value of outstanding debt | $120million |
Common shares outstanding | 40million |
Current price of common shares | $28 |
Tax rate | 35% |
The company's enterprise value is closest to:
A. $975 million.
B. $1173 million.
C. $1215 million.