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(50 points) Winnie Corp, a transportation company, is projected to have EBIT of ( $ 12,000 ) and depreciation of ( $ 4,000 ) in

image text in transcribed (50 points) Winnie Corp, a transportation company, is projected to have EBIT of \\( \\$ 12,000 \\) and depreciation of \\( \\$ 4,000 \\) in year 1 (one year from today). The tax rate is \21. The company's debt has a market and face value of \\( \\$ 40,000 \\), with an annual coupon rate of \5.5. The company will maintain 625 common shares outstanding over the next year. Compute an appropriate forward-looking \\( \\mathrm{P} / \\mathrm{E} \\) multiple based on firms in the same industry as Winnie using information from the table below. Use the price-earnings method to determine the value of equity and priceper-share of Winnie. Perform two separate valuations, one with the mean price-earnings multiple and one with the median price-earnings multiple

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