pletion be saved and resumed at any point until time has expired. The timer will continue to run if you leave the test. Your answers are saved automatically. Show Timer * Question Completion Status: A Moving to another question will save this response. > Question 5 Save Answer The 2020 year-end balance sheet for ABC Inc, a semiconductor manufacturer, is listed below. Due to a shortage of computer chips worldwide, the value of their inventory has increased by $10. In addition, some of their manufacturing equipment has worn out and needs maintenance, so the value of plant and equipment is 595. Lastly, the property was purchased by the company 15 years ago, and has appreciated significantly since then, such that it is now worth $105. Liabilities and Equity 18 Total liabilities 80 Assets Cash Prepaid Expenses ventory Property (at cost) Plant and Equipment (net) Total Assets 65 102 Equity 214 Total Liabilities and Equity 134 214 Use the book value of equity plus adjustments method along with the above information to value the equity of ABC Inc. Remaining Time: 1 hour, 29 minutes, 22 seconds. * Question Completion Status: A Moving to another question will save this response. > Question 3 -swer ABC Inc, a telecomunications company, is projected to have EBIT of $70 and depreciation of $15 in year 1 (one year from today). The company's debt has a market and face value of $190, with an annual coupon rate of 496. The company will maintain 35 common shares outstanding over the next year. Compute an appropriate forward-looking P/E multiple based on firms in the same industry as ABC using information from the table below. Use the price- earnings method to determine the value of equity and price-per-share of ABC. The tax rate is 21%. Company Name Forward-Looking P/E Industry Firm 1 27 Pharmaceutical Firm 2 12 Retail Firm 3 13 Telecommunications Firm 4 30 Pharmaceutical Firm 5 10 Steel Firm 6 13 Telecommunications Firm 7 14 Retail Firm 8 11 Telecommunications For the folhar prar AT 10