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Finance Corporate Valuation Need Answers Thx. All multiple-choice questions are based on the financial statement below. FINM3005 Unicycle Company: Financial Data Year (Smillion) 2020 (Actual)
Finance Corporate Valuation Need Answers Thx.
All multiple-choice questions are based on the financial statement below. FINM3005 Unicycle Company: Financial Data Year (Smillion) 2020 (Actual) 2021 (Forecast) 2022 (Forecast) Income Statement Sales of Unicycles 5500 600.0 700.0 Dividends Income 10.0 10.0 10.0 Cost of Goods Sold 220.0 -240.0 -280.0 SG&A Expenses (Operating) -130.0 -165.0 -180.0 Gain on Asset Sales -20.0 - 100 -5.0 Depreciation - 15.0 -20.0 -25.0 EBIT 175 0 175.0 220.0 Net Interest -140 -30.4 -329 Pre-Tax Profit 161.0 144.6 1871 Tax -48.3 -434 -561 Net Profit 112.7 101.2 131.0 Balance Sheet Assets Operating Cash and Equivalents Trade Receivables Inventory Financial Investments Property. Plant and Equipment Total Assets 45.0 1100 95.0 1500 500.0 9000 620 120.0 120.0 180.0 600.0 10820 700 140.0 140.0 200.0 700.0 12500 1200 3800 4000 900.0 180.0 410.8 491.2 1082.0 210.0 427 8 6122 1250.0 220 Funding Trade Payables Debt (Note: Trading at par) Ordinary Equity Total Funding Additional Information: Number of issued shares (in Million) Shares issued end of March 2020 (in Million) Share price Equity Beta Expected market return 10-year government bond yield Implied interest rate Tax rate Capital structure Assumptions for 2023 onwards: 60 $7.00 1.20 8.0% 20% 8.0% 30% Currently at fong-term target Growth of 3 0% (revenues, NOPLAT, FCF, etc) RONIC of 80% Tax rate of 30% applies to all income Al cash flows occur at year-end Fiscal year ends are also calendar year end's We are currently standing at the end of year 2020 Use beginning-of-the-year balance sheet values for ratio calculations og ROIC, E NOPLAT, / ICM ROA, = M/Total Asset Simplifying conventions What is the company's NOPLAT for the financial year 2022? What is the company's NOPLAT for the financial year 2022? Select one: O a. $147.0 O b. $157.5 O c. $154.0 O d. $210.0 O e. $150.5 What is the operating invested capital (IC) for financial year 2022? Select one: O a $1040.0 O b. $1050.0 O c. $840.0 O d. $1250.0 O e. $4122 What is the free cash flow from operations (FCF) for financial year 2022? Select one: O a. $7.5 O b. $32.5 O c. $50.5 O d. $2.5 e. $157.5 What is the Capital Turnover for financial year 2022? Select one: O a. 0.77 Ob. 0.78 O c. 0.97 O d. 0.83 Oe. 1.02Step by Step Solution
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