Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Lauryn's Doll Co. had EBIT last year of $47 million, which is net of a depreciation expense of $4.7 million. In addition, Lauryn's made $7.25

image text in transcribed
image text in transcribed
Lauryn's Doll Co. had EBIT last year of $47 million, which is net of a depreciation expense of $4.7 million. In addition, Lauryn's made $7.25 million in capital expenditures and increased net working capital by $2.8 million. Assume that Lauryn's has a reported equity beta of 1.5, a debt-to-equity ratio of 5, and a tax rate of 21 percent. What is Lauryn's FCF for the year?(Do not round Intermediate calculations. Enter your answer in millions rounded to 2 decimal places.) FCF million Joker stock has a sustainable growth rate of 8 percent, ROE of 13 percent, and dividends per share of $3.05. the PE ratio is 19,5, what is the value of a share of stock? (Do not round Intermediate calculations. Round your answer to 2 decimal places.) Stock value por share

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

U.S. Mergers And Acquisitions Legal And Financial Aspects

Authors: Felix Lessambo

1st Edition

3030857344,3030857352

More Books

Students also viewed these Finance questions