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complete the table by methodically calculating the missing information (question numerated in lines 14 to 23). You will assume that Cost of Goods Sold (COGS)

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complete the table by methodically calculating the missing information (question numerated in lines 14 to 23). You will assume that Cost of Goods Sold (COGS) is 60% of Sales and that the company uses a marginal tax rate of 30% in addition to the other assumptions that are provided below. Upload your spreadsheet when submitted the exam. Alternatively, email me the spreadsheet via the blackboard course shell. B $ A 35,000 $ 35,000 60% 14 15% Revenue COGS Gross Profit Operating Expenses EBIT Interest Expense EBT Income Tax @ 30% Net Income 35,000 (5,250) 29,750 35,000 (5,250) 29,750 15 16 17 30% 18 Earnings per share $ 19 Dividend $ $ 20 Expected Return on Equity 19 Dividend $ $ 20 Expected Return on Equity 21 Estimated Share Price $ $ 22 23 $ $ Market value of Equity Market Value of Debt Enterprise Value $ $ Outstanding Debt Shares Outstanding Cost of Debt Beta Expected return on Market Dividend pay-out ratio Dividend growth Risk free Common Equity (Balance Sheet) Company's debt trading @ 57p00 2,000 6% 1.50 9.0% 65% 3.0% 1.5% 1,200 115 10,000 500 9% 2.30 9.0% 65% 3.0% 1.5% 1,200 110 $ $

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