Question
1) Miami Rivet had $12 million in net plant and equipment the prior year. Its net operating working capital has remained constant over time. What
1) Miami Rivet had $12 million in net plant and equipment the prior year. Its net operating working capital has remained constant over time. What is the companys free cash flow (FCF) for the year that just ended? You should enter the full number i.e. if your calculations result in a NOWC of 1 million enter 1000000.Note that capital expenditures are equal to the change in net plant and equipment plus the annual depreciation expense.
1)Miami Rivet has 500,000 common shares outstanding, and the common stock amount on the balance sheet is $5 million. The company has not issued or repurchased common stock during the year. Last years balance in retained earnings was $11.2 million, and the firm paid out dividends of $1.8 million during the year. Based on this information Miami Rivets Total Stockholders Equity is: (You should enter the full number i.e. if your calculations result in a TSE of 1 million enter 1000000.)
2)If the firms stock price at year-end is $52, what is the firms market value added (MVA)? (You should enter the full number i.e. if your calculations result in a MVA of 1 million enter 1000000.)
3)If the firms after-tax percentage cost of capital is 9%, what is the firms Long-term debt at year-end? (You should enter the full number i.e. if your calculations result in a LTD of 1 million enter 1000000.
4) If the firms after-tax percentage cost of capital is 9%, what is the firms total invested capital at year-end?
5) If the firms after-tax percentage cost of capital is 9%, what is the firms EVA at year-end? (You should enter the full number i.e. if your calculations result in a EVA of 1 million enter 1000000.
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