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Sorry everything is so split up on my end. I know this is a lot & Im sorry but I really appreciate it! 1. Stock

Sorry everything is so split up on my end. I know this is a lot & Im sorry but I really appreciate it!
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1. Stock valuation A comparison of estimated values and market prices Aa Sim Perkins, a business journalist, is a recent hire at his firm. Since he joined the firm, he has been following Facebook Inc.'s (FB) initial public offering (1PO) and the stock's performance, His task is to estimate Facebook's fair market value, also referred to as "intrinsic" value, and compare this value with the current stock price, and recommend a buy, sel, or hold rating to investors. Slim pulls the company's consolidated financial statements to collect relevant data on the company's historical financial performance. 421,233,615 Shares FACEBOOK CLASS A COMMON STOCK Statement of Cash Flows Balance Sheet Income StatementStockholder's Equity He notices that the company assumes a 45% marginal tax rate after the IPO, and mentions that the company projects that user rates and revenue growth will decline over t Assets Cash and cash equivalents Receivables Prepaild expenses and other current assets149 $3,908 $1,785 $633 547 373 4,604 2,246 1,475 574 $148 Slim starts his evaluation by calculating ratios of costs and expenses to revenues, interest expense to revenues, and others that will form the set of assumptions in his analysis which will be used to calculate free cash flows. Total current assets Property and equipment, net Goodwill and intangible assets, net Other assets 162 90 96 74 Total assets $6.331$2.990 $1.109 Estimated Assumptions 20112010 2009 Average 1. Total cost and expenses as a percentage of revenue- 2. Operating current assets 3. Growth in operating current assets 4. Operating current liabilities s. Growth in operating current liabilities 6. Depreciation and amortization as a percentage of revenues 7. Net fixed assets as a percentage of revenues

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