Question
The following information was collected for the firm you are trying to value: Item 2020 ($ M) 2019 ($M) Property, plant, and equipment 15,905 16,126
The following information was collected for the firm you are trying to value: Item 2020 ($ M) 2019 ($M) Property, plant, and equipment 15,905 16,126 Intangibles 25,764 27,222 Goodwill 21,629 21,832 Current assets 60,210 55,744 Current liabilities 27,747 25,031 Net earnings before taxes 19,196 20,563 Taxes 4,806 7,548 Depreciation 3,746 3,895 Net debt repaid 1,379 850 Compute the FCFTE for the firm for the year 2020.
Use the information for the FCFTE in 2020. In addition, If the short-term growth rate (for next five years) is estimated to be 6% and the long-term growth rate beyond that is estimated to be 3%, compute the FCF for your firm for the years 2021 2026. Enter your answer as a string of numbers. (For example, if you think the answer is $12,345.67 then enter 12345.67
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