Consider the following abbreviated financial statements for OhLex:

OhLex 2014 and 2015 Partial Balance Sheets
Assets								Liabilities and Owners Equity
		2014			2015					2014			2015
Current assets	$	952		$	1,020			Current liabilities	$	385		$	407
Net fixed assets		3,997			4,612			Long-term debt		2,038			2,212
								Equity		2,526			3,013

OhLex 2015 Income Statement
Sales	$	12,625
Costs		6,025
Depreciation		1,090
Interest paid		190

The tax rate is 35%. Long term debt trades at 200% of par. The firm has 300 shares outstanding. Free Cash Flow to the Firm and the Free Cash Flow to Equity are not expected to grow. The weighted average cost of capital is 12%. The cost of equity is 16%. Construct the income statement. Then answer the following questions:

a. What is the free cash flow to the firm for 2015?

b. What is the value of the Firm (Assets)?

c. What is the stock price per share using the discounted FCFF valuation? $_______

d. What is the Free Cash Flow to Equity for 2015?

e. What is the stock price per share using the discounted FCFE valuation?