BiteDance Inc. has a weighted-average cost of capital (WACC) equal to 15% and is subject to a 20% corporate income tax rate. The company has a return on capital (ROC) equal to 10%, an after-tax operating margin of 40% and has a capital reinvestment rate of 50% Based on the previous information please answer the following questions:

(a) (3 points) What is BiteDance Inc's forward

(EV/EBIT) ratio equal to? In case the equation does

not show on your screen here is a text version of the same ratio: EV/EBIT

(b) (3 points) What is BiteDance Inc.'s forward

EV / EBIT (1-Tc)

ratio equal to? In case the equation

does not show on your screen here is a text version of the same ratio: EV/EBIT (1 TL

(c) (3 points) What is Bite Dance Inc's forward

EV / FCFF, ratio equal to? In case the equation does

not show on your screen here is a text version of the same ratio: EV/FCFF1

(d) (3 points) What is BiteDance Inc EV / Sales

ratio equal to? In case the equation does not show

on your screen here is a text version of the same ratio: EV/Sales.

(e) (3 points) What is BiteDance Inc EV / Capital

ratio equal to? In case the equation does not

show on your screen here is a text version of the same ratio: EV/Capital