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(8 pts) Company ZYX reported Revenues (Sales) of 90 million for 2018. You forecast that company ZYX will increase revenues by 6% next year (2019).

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(8 pts) Company ZYX reported Revenues (Sales) of 90 million for 2018. You forecast that company ZYX will increase revenues by 6% next year (2019). You also forecast that ZYX will have a Net Profit Margin of 5% in 2019. There are 2 million shares of ZYX stock outstanding. You also forecast that the retention ratio for Company ZYX will be 70%. 2) a. What is your forecast for Revenues for 2019? b. What is your forecast for Net income for 2019? NI c. What is your forecast for Earnings per Share for 2019? EPS d. What is your estimation for ZYX's dividend per share for 2019? Dividend per share- e. If you estimate that ZYX will have a P/E multiple of 18 at the end of 2019, what is your estimate of the stock price of ZYX at the end of 2019? Stock Price at end of 2019 $

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