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Sora Industries has 66 million outstanding shares, $124 million in debt, $55 million in cash, and the following projected free cash flow for the next

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Sora Industries has 66 million outstanding shares, $124 million in debt, $55 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? to 16% of sales. What stock price would you estimate now? (Assume no other expenses, except taxes, are affected.) (a), what stock price do you estimate for Sora? (Hint: This change will have the largest impact on Sora's free cash flow in year 1 .) The stock price for this case is $. (Round to the nearest cent.) Data table (Click on the following icon in order to copy its contents into a spreadsheet.) Sora Industries has 66 million outstanding shares, $124 million in debt, $55 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? to 16% of sales. What stock price would you estimate now? (Assume no other expenses, except taxes, are affected.) (a), what stock price do you estimate for Sora? (Hint: This change will have the largest impact on Sora's free cash flow in year 1 .) The stock price for this case is $. (Round to the nearest cent.) Data table (Click on the following icon in order to copy its contents into a spreadsheet.)

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