Support My Subscriptions of Mod 14 Homework Navigation Finish attempt Book Print Mark0.00 out of 72.00 F Estimating Share Value Using the ROPI Model Assume following are forecasts of Abercrombie & Fitch's sales, net operating profit after tax (NOPATI, and net operating assets (NCA) as of January 29, 2011. Refer to the information in the table to answer the following requirements Reported Horison Period in mans) 2011 2012 2013 2014 2015 Terminal Period $2750 54500 400 56.00 57.776 57353 NOPAT 530 654 90 960 1.300 1.00 19332333 2.791 54 NOA Answer the following requirements assuming a discount rate (WACCof 13.3%, a terminal period growth rate of 1. common shares outstanding of 86.2 million and net nonoperating obligations (NNO) of 5(261) million negative NNO reflects net nonoperating assets such as father than toimint Return to courte Support. My Subscriptions Fatou. Finish attempt - ebook Print Out 1 Pare More To 23.00 Pustin Estimating Share Value Using the ROPI Model Assume following are forecasts of Abercrombie & Fitch's sales, net operating profit after tax (NOPAT), and net operating assets (NO) as of January 29, 2011. Iefer to the information in the table to answer the following requirements. Reported Horizon Period in million) 2011 2012 2013 2014 2015 Terminal Period Sales 53.750 54000 55,400 56480 57,776 NOIT 464 794 92 900 NOA 1.320 1,002 1.933 2.791 2.300 Answer the following requirements assuming a discount rate (WACC) of 133, a terminal period growth rate of 1%, common shares outstanding of 86.2 milion and niet nonoperating obligations (NNO) of (261) million (negative NNO reflects net nonoperating assets such as investments rather than net obligations) (a) Estimate thewalue of a share of Abercrombie & Fitch common stock using the residual operating income ROPO model as of January 29,2011 Rounding instructions: Round answers to the nearest Whole number unless noted otherwise Use your rounded answers for subsequent calculations A6 BD 4.4 90 PM 15/2021 a Type here to search O 2015 Horizon Period 2013 OX OX OX Terminal Period 0 OX Round answers to the nearest whole number unless noted otherwise. Use your rounded answers for subsequent calculations. Do not use negative signs with any of your answers. Reported (in millions) 2011 2012 ROPI (NOPAT - INCABeg * W] Discount factor [1/(1+rwit] (Round 5 decimal places) OX Present value of horizon ROPI OX Cum present value of horizon ROPIS 1.362 X Present value of terminal ROPI OX NOA OX Total firm value NNO OX Firm equity value $ Shares outstanding (millions) 0 x (round one decimal place) Stock price per share $ 0 x (round two decimal places) 2014 OX OX OX OX OX
