Question
1. Using the information in the following table Net Income 45,420 Beginning total assets 400,091 Beginning Stockholders' Equity 272,544 Payout Ratio 39% Calculate the Internal
1. Using the information in the following table
Net Income 45,420
Beginning total assets 400,091
Beginning Stockholders' Equity 272,544
Payout Ratio 39%
Calculate the Internal growth rate
a. Using the information in the following table
| Net Income | 45,976 |
| Beginning total assets | 443,099 |
| Beginning Stockholders' Equity | 291,358 |
| Payout Ratio | 45% |
Calculate the Sustainable growth rate
b. Calculate the continuation value of a Firm that has the following projections for the EBITDA
| Year | 2018 | 2019 | 2020 | 2021 |
| EBITDA | $37,190 | $29,931 | $38,550 | $45,188 |
$37,190 assuming an EBITDA multiple of 10.
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The Handbook Of European Fixed Income Securities
Authors: Frank J. Fabozzi, Moorad Choudhry
1st Edition
0471430390, 978-0471430391
