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1 . Calculate Net PPE at the end of year 2 . 2 . Assume that ABC is liquidated after year 2 , with a

1. Calculate Net PPE at the end of year 2.
2.Assume that ABC is liquidated after year 2, with a salvage value of $100. Also assume that the answer to the previous question (i.e., Net PPE at the end of year 2) is $90. Calculate the liquidation value at the end of year 2.
3. Calculate NA0, i.e., net assets at year 0.(Hint: balance sheet in year 0 is sufficient to get the answer to this question).
4. Calculate NA1, i.e., net assets at the end of year 1.
5. Assume that after year 2, ABC's sales growth is g (=5%) and operating profit margin is a constant. ABC's net assets also grows at the same rate its sales. Further assume that FCFF for year 2=60 and NA2(net assets at the end of year 2)=150. Calculate FCFF3, i.e., FCFF for year 3.
ABC Company's FCFF over the next 2 years is forecast below. Tax rate =0.3.
Balance sheet as of today (year 0):
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