Question
No available extra info Boulevard Inc Balance Sheet Below for year 0 Assets (Millions of Dollars) Liabilities (Millions of Dollars) Cash 10 Account Payable 15
No available extra info
Assets | (Millions of Dollars) | Liabilities | (Millions of Dollars) |
Cash | 10 | Account Payable | 15 |
Short-term investments | 20 | Notes payable | 40 |
Accounts receivable | 80 | Accruals | 45 |
Inventories | 140 | Total current liabilities | 100 |
Total current assets | 250 | Long-term debt | 400 |
Net plant and equip. | 550 | Common stock | 250 |
Retained earnings | 50 | ||
Common equity | 300 | ||
Total assets | 800 | Total liabilities and equity | 800 |
Cash Flow for the next 8 years are shown below.
The companys WACC is 12%. The FCFs are expected to grow at a constant growth rate of 6% after Year 6. Total common shares outstanding is 15 million shares. (Round your answer to three decimal places)
Calculate the Horizon value.
Calculate the Value of Operating
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Calculate the Intrinsic price per share of common equity
please show all work!
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