1. what is the cost of debt for general dynamics at the end of 2011?
2. using the book values for your firm, what is the weight of debt for genetal dynamics at the end of 2011?
3837.50 5 3.000% Seni Annual Bond Rice Yea b Espiation Carpon Rate General Dynamics (in thousands) Payout Rito 15% Stockice 0.00 PPS Forecast $3.67 K 122 2% 8% K. 31-Dec-11 31-Dec-11 31-Dec-10 31,981.000 29,300,000 26,352,000 23,928,000 5.829,000 5,372,000 Balance Sheet Assets Qurrent Assets Cash And Cash Equivalents Short Terminvestments Net Receivables Inventory Other Current Assets Total Current Assets 0 2 283,000 733,000 8.127.000 2,125,000 0 13240,000 31-Dec-10 Income Statement Total Revenue Cost of Revenue 1,621,000 Gross Profit 490,000 Operating Expenses 3.489,000 Research Devebonent 6,370,000 Selling General and Administrative 0 Operating Income or Loss 11,960,000 Other hoone Depreciation 521,000 Earnings Before Interest And Taxes 2,872,000 hterest Expense 11,413,000 Income Before Tax 1,617,000 Incone Tax Expense 0 Minority hterest 0 Net Income From Continuing Ops 0 Discontinued Operations 28,373,000 Net Income 0 Long Terminvestments Property Rart and Equipment Goodwid hargble Assets Accumulated Anortization Other Assets Deferred Long Term Asset Charges Total Assets 549,000 2,912,000 12 289,000 2,098,000 0 0 0 31,077,000 0 1964,000 1,719,000 3,875,000 3,663,000 0 0 84,000 3,513,000 3,737,000 0 133,000 3,513,000 3,604,000 1,108,000 1,120.000 0 0 2,407,000 2,478,000 -13.000 -19,000 2,394,000 2,469,000 Calculated on test Liabilities Current Liabilities Acourts Payable Short Current Long Term Debt Other Qurrent Lisbites TotalCurrent Liabilities 6,678,000 705,000 2,988,000 10,371.000 6,597,000 911,000 2,852.000 10,380,000 FCF (2011) FCF (2012) FCF (2013) FCF (2014) V horizon Long Term Debt Other Lisbites Deferred Long Term Liabity Charges Minority interest Negative Goodwid Total Liabilities 3.159.000 5,124,000 09 0 0 18,654,000 3,113,000 4.748,000 99.000 0 0 18,320,000 0 O 0 Stockholders' Equity Misc Stocks Options Warrants Redeemable Preferred Stock Preferred Stock Common Stock Retained Earrings Treasury Sook Capta Surplus Other Sockholder Buty Total Stockholder Equity 0 0 0 482.000 15.090.000 -3.483.000 1.5 18.000 -1207.000 12,423,000 432,000 13,287.000 -3,349,000 1,340.000 -1,713,000 10,063,000 3837.50 5 3.000% Seni Annual Bond Rice Yea b Espiation Carpon Rate General Dynamics (in thousands) Payout Rito 15% Stockice 0.00 PPS Forecast $3.67 K 122 2% 8% K. 31-Dec-11 31-Dec-11 31-Dec-10 31,981.000 29,300,000 26,352,000 23,928,000 5.829,000 5,372,000 Balance Sheet Assets Qurrent Assets Cash And Cash Equivalents Short Terminvestments Net Receivables Inventory Other Current Assets Total Current Assets 0 2 283,000 733,000 8.127.000 2,125,000 0 13240,000 31-Dec-10 Income Statement Total Revenue Cost of Revenue 1,621,000 Gross Profit 490,000 Operating Expenses 3.489,000 Research Devebonent 6,370,000 Selling General and Administrative 0 Operating Income or Loss 11,960,000 Other hoone Depreciation 521,000 Earnings Before Interest And Taxes 2,872,000 hterest Expense 11,413,000 Income Before Tax 1,617,000 Incone Tax Expense 0 Minority hterest 0 Net Income From Continuing Ops 0 Discontinued Operations 28,373,000 Net Income 0 Long Terminvestments Property Rart and Equipment Goodwid hargble Assets Accumulated Anortization Other Assets Deferred Long Term Asset Charges Total Assets 549,000 2,912,000 12 289,000 2,098,000 0 0 0 31,077,000 0 1964,000 1,719,000 3,875,000 3,663,000 0 0 84,000 3,513,000 3,737,000 0 133,000 3,513,000 3,604,000 1,108,000 1,120.000 0 0 2,407,000 2,478,000 -13.000 -19,000 2,394,000 2,469,000 Calculated on test Liabilities Current Liabilities Acourts Payable Short Current Long Term Debt Other Qurrent Lisbites TotalCurrent Liabilities 6,678,000 705,000 2,988,000 10,371.000 6,597,000 911,000 2,852.000 10,380,000 FCF (2011) FCF (2012) FCF (2013) FCF (2014) V horizon Long Term Debt Other Lisbites Deferred Long Term Liabity Charges Minority interest Negative Goodwid Total Liabilities 3.159.000 5,124,000 09 0 0 18,654,000 3,113,000 4.748,000 99.000 0 0 18,320,000 0 O 0 Stockholders' Equity Misc Stocks Options Warrants Redeemable Preferred Stock Preferred Stock Common Stock Retained Earrings Treasury Sook Capta Surplus Other Sockholder Buty Total Stockholder Equity 0 0 0 482.000 15.090.000 -3.483.000 1.5 18.000 -1207.000 12,423,000 432,000 13,287.000 -3,349,000 1,340.000 -1,713,000 10,063,000
