Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Calculate WACC for 2009 and 2010 with brief explaination of it Please provide me a full working process of the calculation Exhibit 1 H. J.

Calculate WACC for 2009 and 2010 with brief explaination of it

Please provide me a full working process of the calculation

image text in transcribedimage text in transcribedimage text in transcribedimage text in transcribed

Exhibit 1 H. J. Heinz: Estimating the Cost of Capital in Uncertain Times Income Statement (numbers in thousands except per-share amounts; fiscal year ends in April) Revenue Costs of goods sold Gross profit 2008 9,885,556 6,233,420 3,652,136 2009 10,011,331 6,442,075 3,569,256 2010 10,494,983 6,700,677 3,794,306 SG&A expense Operating income 2,081,801 1,570,335 2,066,810 1,502,446 2,235,078 1,559,228 Interest expense Other income (expense) Income before taxes 323,289 (16,283) 1,230,763 275,485 92,922 1,319,883 250,574 (18,200) 1,290,454 Income taxes Net income after taxes 372,587 858,176 375,483 944,400 358,514 931,940 Adjustments to net income Net income (13,251) 844,925 (21,328) 923,072 (67,048) 864,892 Diluted EPS Dividends per share Data source: H. J. Heinz SEC filings, 2008-10 2.61 1.52 2.89 1.66 2.71 1.68

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Project Finance In Theory And Practice

Authors: Stefano Gatti

3rd Edition

0128114010, 978-0128114018

More Books

Students also viewed these Finance questions