1. Calculate the ratio of debt-to-total capitalization given the following information.

   ($ in millions)

   Details:

   Long term debt $100.0

   Total Equity 3600.0

   3%

   2.7%

   1.5%

   2%

   If a DCF is constructed on the basis of EBIT or EBITDA, what must be driven as a percentage of sales?

   COGS

   SG&A

   Net working capital

   D&A

   All of the following assets can be amortized EXCEPT:

   		Copyrights
   		Patents
   		Goodwill
   		PP&E