Project week 7
FIN 515
By Nahla Hamed
A-If operating roof as of 12/31/2010 is $502.2 million, what is free cash ascend for 12/30/2011?
Required net operating w/c in 2011= (5.6+56.2 +112.4) (11.2 +28.1) +397.5 =532.4
enthronisation in operating great= 532.4 -502.2= 30.2
NOPAT= EBIT (1-T) = 108.6(.6) =65.16
Free cash flow in 2011=65.16 -30.2 = 34.96 million
b-what is horizon place as of 12/31/2011?
Horizon protect =34.96(1+.06)/.05 =741.152 million
c-what is the value of cognitive process as of 12/31/2010/
First we image cash flow for 2010= NOPAT investment in op.Capital= 61.50-26.96= 34.96
grade of operation in 2010= horizon value + free cash flow
= (741.152/1.11) +34.96 = 699.20
d)what is congeries value of company as of 12/31/2010?
Non-operating Assets = vendible Securities + Investment in Other Business
Marketable Securities = $49.9
Investment in Other Business = 0
entirety inborn Value (in 2010) = Value of operations + Non-operating Assets
Total Intrinsic Value of the Company ($699.2 + $49.9) = $749.10 in million
e-what is intrinsic price per share for 12/31/2010?
Total Intrinsic Value of Firm = $749.10
little Notes Payable = (69.90)
Less Long Term Bonds = (140.80)
Less: pet Stock = (35.00)
Intrinsic Value of Common Stock = 503.40
Total Number of Shares (millions) 10
Intrinsic Price per share ($503.40 / 10) = $50.34If you privation to get a full essay, order it on our website: Orderessay
If you want to get a full essay, wisit our page: write my essay .
No comments:
Post a Comment