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a b and c please Missing info: Sora Industries has 60million outstanding shares $ 130million in debt,$ 53million in cash, and the following projected free

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a b and c please

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"Sora Industries has 60million outstanding shares $ 130million in debt,$ 53million in cash, and the following projected free cash flow for the next four years:"

0 1 2 3 4 5 433.0 Year Earnings and FCF Forecast ($ million) 1 Sales 2 Growth vs. Prior Year 3 Cost of Goods Sold 4 Gross Profit 5 Selling, General, & Admin 6 Depreciation 7 EBIT 8 Less: Income Tax at 40% 4680 8.1% (313.6) 154.4 (93.6) (70) 53.8 (21.5) 5160 10.3% (345.7) 170.3 (103.2) (75) 5470 6.0% (366.5) 180 5 (109.4) (9.0) 62.1 (24.8) 5743 5.0% (384.8) 189.5 (114.9) (9.5) 65.2 (26.1) 59.6 (23.8) E 6 Depreciation 7 EBIT 8 Less: Income Tax at 40% 9 Plus. Depreciation 10 Less: Capital Expenditures 11 Less Increase in NWC 12 Free Cash Flow (70) 53.8 (21.5) 70 (77) (6.3) 25. 3 (7.5) 59.6 (23.8) 75 (10.0) (8.6) 246 (9.0) 62.1 (24.8) 90 (9.9) (56) 30.8 (9.5) E552 (26.1) 9.5 (10.4) (4.9) 33.3 a. Suppose Sora's revenue and free cash flow are expected to grow at a 5.8% rate beyond year four. If Sora's weighted average cost of capital is 10.0%, what is the value of Sora stock based on this information? 11 Less: Increase in NWC (6.3) (8.6) (5.6) (4.9) 12 Free Cash Flow 25.3 24.6 30.8 33.3 a. Suppose Sora's revenue and free cash flow are expected to grow at a 5.8% rate beyond year four. If Sora's weighted average cost of capital is 10.0%, what is the value of Sora stock based on this information? b. Sora's cost of goods sold was assumed to be 67% of sales. If its cost of goods sold is actually 70% of sales, how would the estimate of the stock's value change? c. Return to the assumptions of part (a) and suppose Sora can maintain its cost of goods sold at 67% of sales. However, the firm reduces its selling, general, and administrative expenses from 20% of sales to 16% of sales. What stock price would you estimate now? (Assume no other expenses, except taxes, are affected.) d. Sora's net working capital needs were estimated to be 18% of sales (their current level in year zero). If Sora can reduce this requirement to 12% of sales starting in year 1, but all other assumptions are as in (a), what stock price do you estimate for Sora? (Hint. This change will have the largest impact on Sora's free cash flow in year 1.) a. Suppose Sora's revenue and free cash flow are expected to grow at a 5.8% rate beyond year four. If Sora's weighted average cos of capital is 10.0%, what is the value of Sora stock based on this information? The stock price for this case is $ (Round to the nearest cent.)

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