Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Solve g through i. ter more aptitude au CINOut path vised their sales prowth rates up by please the NCPAT, and NOAH yes 2017 through

Solve g through i.
image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
ter more aptitude au CINOut path vised their sales prowth rates up by please the NCPAT, and NOAH yes 2017 through 2020 and helping the following form Sales 2011 Sale 2018-2000 Terms Net pensioni 2016 mondo dere decimal place Nepenting 2016 and to the call (h) Estimate the value of a share of Cisco como sock of July 20, 2016 in the discounted cash flow (DCF) model and the forecasting Nore still assume coustate (WACC) of 10, common are outstanding of 529 million, and nanonoperating obligatii INNO) 507,113) million points) 1 Cisco Macked 31:49 on September 2016, the date the Form 10-K was filed with the SEC. How does your DCF valuation compare with this closing price? What do you believe are some reason for the difference? Whet over de sted from you cius? (point) Are there other equity valuation model Plate decuss the chantages and dialvantages of different equity valuation models (15 pts) Following are the income tamen alinear Chico Syns for the yearned July 10, 2016 Clwe Systemer Cated Statements of income Years Koed December 15 mi) July 2014 July 25, 2015 Rece Product 591,254 537,790 Sonice 1993 Totalren 12.101 Kost of sales Product 14,161 15.397 Service 4.126 1.100 Total costesale 19.257 Gross margin 10.950 2001 Operating expenses Research and development 6207 Sales and marketing 9821 General and distrative 1814 2040 Amortion of purchased ingles 300 359 Restructuring Ind other charges 20 Total operating expenses IR VO TRU Operating income 120 10,270 Interest income 1.00 769 Interest expense (676) (566) Other income fosse 228 Interest and other income clos), net 20 12.920 11.201 Income before provision for income taxes Provision for income taxes 2.181 2.220 310739 58,981 Net income Che Sims Inc Cated Balance Sheets July VIEW les 2011 Chad VE SRL 515 Acco SIVANOVAN LT VI F Oh TO LE IT T 3.30 CS RE VE 3.101 WE ot REE L. vit TS 1 L 5616 LORES 1164 HO Show Aca Immer Acco Delen Ohercules autries om de com espa 04 31 09 312 2.91 HA115 2 24911 24.45) sas 6311 24 506 CITE LAST RET ) 3.14 hertum Total 99955 Che Systems Ine. Consolidated Balance Sheets In millions, except par value July 30, 2016 July 25, 2015 44.516 Cisce shareholders' equity Preferred stock, to par values shoes without none med and outstanding Common stock and additional padico S0,001 par vale 20,000 shares authorized: 5.099 and 5083 shares ind ind utstanding at July 30, 2016 and July 25, 2015, respectively Retained earning Accumulated other comprehensive income (los) Total Cusce shareholders' equity No controlling interest Total equity 19.396 63,586 (1) 63.58 16,045 61 59,98 . 59.202 Total liabilities and equity $121.652 $11.173 ter more aptitude au CINOut path vised their sales prowth rates up by please the NCPAT, and NOAH yes 2017 through 2020 and helping the following form Sales 2011 Sale 2018-2000 Terms Net pensioni 2016 mondo dere decimal place Nepenting 2016 and to the call (h) Estimate the value of a share of Cisco como sock of July 20, 2016 in the discounted cash flow (DCF) model and the forecasting Nore still assume coustate (WACC) of 10, common are outstanding of 529 million, and nanonoperating obligatii INNO) 507,113) million points) 1 Cisco Macked 31:49 on September 2016, the date the Form 10-K was filed with the SEC. How does your DCF valuation compare with this closing price? What do you believe are some reason for the difference? Whet over de sted from you cius? (point) Are there other equity valuation model Plate decuss the chantages and dialvantages of different equity valuation models (15 pts) Following are the income tamen alinear Chico Syns for the yearned July 10, 2016 Clwe Systemer Cated Statements of income Years Koed December 15 mi) July 2014 July 25, 2015 Rece Product 591,254 537,790 Sonice 1993 Totalren 12.101 Kost of sales Product 14,161 15.397 Service 4.126 1.100 Total costesale 19.257 Gross margin 10.950 2001 Operating expenses Research and development 6207 Sales and marketing 9821 General and distrative 1814 2040 Amortion of purchased ingles 300 359 Restructuring Ind other charges 20 Total operating expenses IR VO TRU Operating income 120 10,270 Interest income 1.00 769 Interest expense (676) (566) Other income fosse 228 Interest and other income clos), net 20 12.920 11.201 Income before provision for income taxes Provision for income taxes 2.181 2.220 310739 58,981 Net income Che Sims Inc Cated Balance Sheets July VIEW les 2011 Chad VE SRL 515 Acco SIVANOVAN LT VI F Oh TO LE IT T 3.30 CS RE VE 3.101 WE ot REE L. vit TS 1 L 5616 LORES 1164 HO Show Aca Immer Acco Delen Ohercules autries om de com espa 04 31 09 312 2.91 HA115 2 24911 24.45) sas 6311 24 506 CITE LAST RET ) 3.14 hertum Total 99955 Che Systems Ine. Consolidated Balance Sheets In millions, except par value July 30, 2016 July 25, 2015 44.516 Cisce shareholders' equity Preferred stock, to par values shoes without none med and outstanding Common stock and additional padico S0,001 par vale 20,000 shares authorized: 5.099 and 5083 shares ind ind utstanding at July 30, 2016 and July 25, 2015, respectively Retained earning Accumulated other comprehensive income (los) Total Cusce shareholders' equity No controlling interest Total equity 19.396 63,586 (1) 63.58 16,045 61 59,98 . 59.202 Total liabilities and equity $121.652 $11.173

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered 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

McGraw-Hill Education SAT 2017

Authors: Christopher Black, Mark Anestis

1st Edition

1259641651, 978-1259641657

Students also viewed these Accounting questions