Question
Please show all work. 1. You would like to estimate a per-share value of ABC, Inc. Your estimate of the present value of ABCs future
Please show all work.
1. You would like to estimate a per-share value of ABC, Inc. Your estimate of the present value of ABCs future free cash flows from operations is $741 million. The book value of its assets is $849 million. The value of debt and lease obligations are $229 million and $86 million, respectively. ABC Inc. also has cash holdings (non-operating assets) of $34 million. There are 5 million shares outstanding.
What is the equity value per share of ABC, Inc.?
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International Financial Reporting And Analysis
Authors: David Alexander, Ann Jorissen, Martin Hoogendoorn
8th Edition
978-1473766853, 1473766850
