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Sora Industries has 63 milion outstanding shares, $127 milion in debt. 357 milion in cash, and the following projected free cash flow for the next

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Sora Industries has 63 milion outstanding shares, $127 milion in debt. 357 milion in cash, and the following projected free cash flow for the next four years Year 0 1 2 3 Earnings and FCF Forecast( mision) 1 Sais 433.0 468.0 5100 5470 5743 2 Growthyn. Prior Year 8.1% 10.3% 60% 50% 3 Cost of Goods Sold (313.6) (3457) (3665) (1848) 4 Gross Profit 1544 170,3 180.5 189.5 5 Soling. General, & Admin (936) (1032) (1094) (1549) 6 Depreciation (70) (7.5) 19.01 (9.5) 7 EBIT 53.8 59.0 621 65.2 8 Loss Income Tax 40% 121.5) (236) (248) (2010) 0 Plus Depreciation 7.0 7.5 00 9.5 10 Les Capital Expenditures (77) (100) (9.00 (104) 11 Lens Increase in WC (0.3) (0:0) (5.6) (40) 12 Free Cash Flow 246 30 333 Dopose tow's revenue and free how are expected to grow sta 3.1% rate beyond year foar it for weighted average cost of capital is 90%, what is the value of Sora stock based on this Information 3.30 cost of goods sold was assured to be 67% of sales of its cost of goods sold is actually 70% of how would the estimate of the stock value change? Reton to the assumption of part() and pose for can maintains cost of goods sold at 67% of. However, the firm reduces is selling, general, and administrative expenses from 20% of sales to 10% of sale. What stock price would you estimate now (Astume no other expenses, except taxes, are affected) Gora's not working capital needs were stimated to be 18% of sales their current level in year 2016) i Sora can reduce this requirement to 12% of sales starting in year 1, but all other assumptions is in (a) what stock prices you estimate for Sora? (rint. This change will have the largest mpact on Sora's free cash flow in year 1) 1. Suppose Son's revenue and free cash flow are expected to grow a 3.15 roboyond your four. If Sona's weighted average cost of capitalis 0.0%, what is the value of Sora stock based on this information The work price for this case Round to the nearest cont.)

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