Project Complete the Problem 13-10 Corporate valuation on pages 551-552 in a Word document named FI515_W7_Project_yourname. Show the expound of your calculation/work in your answer to the Problem. (13-10) Corporate Valuation The financial statements of Lioi marque Fabricators are shown belowboth the true(a) results for 2010 and the projections for 2011. Free bills flow is expected to grow at a 6% rate after 2011. The weighted average bell of majuscule is 11%. * a. If direct capital as of 12/31/2010 is $502.2 million, what is the free cash flow for 12/31/2011? * b. What is the sentiment assess as of 12/31/2011? * c. What is the measure out of operations as of 12/31/2010? * d. What is the total value of the union as of 12/31/2010? * e. What is the intrinsic hurt per helping for 12/31/2010? Income Statements for the Year Ending celestial latitude 31 (Millions of Dollars Except for Per Share Data)  | Actual 2010 | project 2011 |  | brighten gross revenue| $ 500.0| $ 530.0| Costs (except depreciation)| 360.0| 381.6| Depreciation|     37.5 |     39.8 |    Total operating costs| $ 397.5 | $ 421.4 | dinero forwards following and taxes| $ 102.5| $ 108.6|    Less interest|     13.9 |     16.0 | Earnings before taxes| $  88.6| $  92.6|    Taxes (40%)|      35.4 |      37.
0 | Net income before preferent dividends| $Â Â 53.2| $Â Â 55.6| Â Â Â Preferred dividends| Â Â Â Â Â Â 6.0 | Â Â Â Â Â Â 7.4 | Net income getable for common dividends| $Â Â 47.2 | $Â Â 48.2 | Common dividen ds| $Â Â 40.8| $Â Â 29.7| summing up to! retained earnings| $Â Â Â Â 6.4| $Â Â 18.5| sum up of shares| 10| 10| Dividends per share| $Â Â 4.08| $Â Â 2.97| Balance Sheets for December 31 (Millions of Dollars) Â | Actual 2010 | Projected 2011 | Â | Assets | Â | Â | | | Cash| $Â Â Â Â 5.3| $Â Â Â Â 5.6| | | Marketable securities| 49.9| 51.9| | | Accounts receivable| 53.0| 56.2| | | Inventories| Â Â Â 106.0 | Â Â Â 112.4 | |...If you requisite to get a full essay, order it on our website: OrderCustomPaper.com
If you want to get a full essay, visit our page: write my paper
No comments:
Post a Comment