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Sora Industries has 64 million outstanding shares, $123 million in debt, $58 million in cash, and the following projected free cash flow for the next
Sora Industries has 64 million outstanding shares, $123 million in debt, $58 million in cash, and the following projected free cash flow for the next four years: b. Sora's cost of goods sold was assumed to be 67% of sales. If its cost of goods sold is actually 70% of sales, how would the estimate of the stock's value change? you estimate now? (Assume no other expenses, except taxes, are affected.) Sora? (Hint: This change will have the largest impact on Sora's free cash flow in year 1.) The stock price for this case iss (Round to the nearest cent.) Data table (Click on the following icon 2 in order to copy its contents into a spreadsheet.) Sora Industries has 64 million outstanding shares, $123 million in debt, $58 million in cash, and the following projected free cash flow for the next four years: b. Sora's cost of goods sold was assumed to be 67% of sales. If its cost of goods sold is actually 70% of sales, how would the estimate of the stock's value change? you estimate now? (Assume no other expenses, except taxes, are affected.) Sora? (Hint: This change will have the largest impact on Sora's free cash flow in year 1.) The stock price for this case iss (Round to the nearest cent.) Data table (Click on the following icon 2 in order to copy its contents into a spreadsheet.)
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