1)What are the three important questions of corporate finance you will need to address in your company? Please briefly explain them and indicate how they are related to the areas in the balance sheet of your company.

2)Calculate Cash flow to creditor, Cashflow to stock holder, Cash flow from the assets for the company in the last three years (2018-2020) based on company financial statement published in its website? Comments about the results

3)Assume that risk free rate was 5%, market risk premium was 4.6%, calculate required return of companys common stock (hint: looking for companys beta, remember cite the source of data and using CAPM model for calculation)

BILLION 2020 BALANCE SHEET 2018 2019 3.989.369 645.474 720.906 1.612.785 862.749 147.453 3.539.797 4.496.050 963.717 758.601 1.669.170 946.809 157.754 21.384 2.198.807 ASSET SHORT TERM ASSET Cash And Cash Equivalents Short Term Financial Investment Short Term Receivables Inventory Other Current Asset LONG TERM ASSET Long Term Asset Receivables Fixed Asset Investment Real Estate Long Term Unfinished Asset Long Term Financial Investment Other Long Term Asset TOTAL ASSETS LIABILITIES Short Term Debt Long Term Debt EQUITIY Owner's Equity TOTAL LIABILITIES AND EQUITY 4.971.363 291.674 1.251.822 2.079.278 1.221.502 127.084 3.016.090 96.367 2.081.103 222.816 293.779 123.559 198.463 7.987.454 4.732.215 3.236.645 1.495.570 3.255.238 3.255.238 7.987.454 1.208.008 48.38 63.216 7.529.166 4.548.916 3.206.103 1.342.813 2.980.250 2.980.250 4.073.363 173.91 2.325.026 447.748 361.23 488.178 277.269 8.569.414 4.545.451 3.772.834 722.617 4.023.962 4.023.962 8.569.414 7.529.166 INCOME STATEMENT Revenue from selling goods and providing services Revenue deductions Net revenue from selling goods and providing services Cost of goods sold Gross profit Revenue from financial activities Financial expenses Selling expenses Business administration expenses Net operating profit Other income Other expenses Other profits Total accounting profit before tax Current CIT expenses Refundable CIT expense Profit after corporate income tax Basic Hybrid on Shares 2018 8.018.827 7.254 8.011.572 7.388.635 672.936 61.517 208.587 156.562 123.618 245.685 11.209 2.91 8.299 253.984 42.772 -936 212.148 2019 9.278.251 -20.178 9.258.073 -8.215.933 1.042.139 179.675 -267.714 -214.621 -149.020 590.401 9.238 -2.246 6.991 597.393 -83.467 -22.897 491.028 2.69 2020 7.438.249 -9.692 7.428.557 -6.651.621 776.935 168.671 -228.577 -255.844 -166.965 310.923 15.725 -7.899 7.825 318.748 -35.806 230.907 283.172 1.1 1.31