Hongxing Auto

Each question is 20% of the assignment.

Prepare 5 year pro forma set of financial statements (B/S, IS, & CF). Document assumptions carefully based on information supplied in the case.

Prepare a 5 year Free Cash Flow and DCF analysis. Be sure to explain how your discount rate was derived.

Discuss risk factors and their impact on your valuation.

Document and justify your calculation of terminal value.