Sassesment/ke/aococcuentemented-38467_1&coursed66844 1 contentid 1506040 stepeni Your arrives are saved automatically uestion completa 1 QUESTION 1 Your company is FLYCATCHER COMPANY. Without leaving the exam, go to the workbook with the data for today's exam. Open the file and find the tab with the Flycatcher company data Y shareholders equity is needed anywhere, such as in ROE, use common stock rather than total equity. Problem 1. Operating Cash Flows (Direct Method) FOR 2019: Use the direct method to find operating cash flows. Show all work Problem 2. Find cash from financing for 2019 Show all work Problem 3. Find cash from investing for 2019 Show all work Problem 4. Find Free Cash Flow to Equity for 2019. Show all work Problem 5. Find Free Cash Flow to the Firm for 2019. Show all work. Problem 6. Assume the WACC is 45%. Calculate the value of the firm for 2019. Show all work Problem 7. Assume the cost of equity capital is 50%. Find the value of equity for 2019. Show all work Incon BRA Merge & Center - format anter 5 % 911 Conditional Formal Neutral Formatting Table BATAM Chpbbard Est 15 Alignment 5 Nurser Shiel F F G 1 K M N 2019 Balance sheet c D 2018 Income statement 48500 -3600 - 1020 2018 2019 52000 -9000 -1000 7200 -8000 -3000 -8500 . Hycatcher Sales COGS Depreciation expense Sales, general, and admin e perse Advertere expense Wages and salary expense Research and development expense Legal expense Rental expense EBIT Interest expense EBT Income tax expense Net Income 12400 6500 4500 11600 700 35700 12000 13000 7600 4100 14000 1200 -1100 -3200 3000 -1100 - 1300 2000 18200 2100 16100 -1000 -1200 15880 200 39900 14000 11000 4300 10000 37700 149220 Assets Cash Short term investments AR Inventory Prepaid expenses Current assets total Fixed assets Accumulated depreciation Total Assets Liabilities Accounts Payable Short term notes payable Interest Payable Salary and Wages Payable Other current liabilities payable Income tax payable Total Current abilities Long Term Debt Common Stock Retained camins Total Liabilities and Shareholders Equity -6000 -7200 8900 14.80 2000 8980 500 2100 2020 160 12218 5300 2200 2500 2800 120 26250 5250 7400 4000 20260 8840 6000 2000 37700 44 Sassesment/ke/aococcuentemented-38467_1&coursed66844 1 contentid 1506040 stepeni Your arrives are saved automatically uestion completa 1 QUESTION 1 Your company is FLYCATCHER COMPANY. Without leaving the exam, go to the workbook with the data for today's exam. Open the file and find the tab with the Flycatcher company data Y shareholders equity is needed anywhere, such as in ROE, use common stock rather than total equity. Problem 1. Operating Cash Flows (Direct Method) FOR 2019: Use the direct method to find operating cash flows. Show all work Problem 2. Find cash from financing for 2019 Show all work Problem 3. Find cash from investing for 2019 Show all work Problem 4. Find Free Cash Flow to Equity for 2019. Show all work Problem 5. Find Free Cash Flow to the Firm for 2019. Show all work. Problem 6. Assume the WACC is 45%. Calculate the value of the firm for 2019. Show all work Problem 7. Assume the cost of equity capital is 50%. Find the value of equity for 2019. Show all work Incon BRA Merge & Center - format anter 5 % 911 Conditional Formal Neutral Formatting Table BATAM Chpbbard Est 15 Alignment 5 Nurser Shiel F F G 1 K M N 2019 Balance sheet c D 2018 Income statement 48500 -3600 - 1020 2018 2019 52000 -9000 -1000 7200 -8000 -3000 -8500 . Hycatcher Sales COGS Depreciation expense Sales, general, and admin e perse Advertere expense Wages and salary expense Research and development expense Legal expense Rental expense EBIT Interest expense EBT Income tax expense Net Income 12400 6500 4500 11600 700 35700 12000 13000 7600 4100 14000 1200 -1100 -3200 3000 -1100 - 1300 2000 18200 2100 16100 -1000 -1200 15880 200 39900 14000 11000 4300 10000 37700 149220 Assets Cash Short term investments AR Inventory Prepaid expenses Current assets total Fixed assets Accumulated depreciation Total Assets Liabilities Accounts Payable Short term notes payable Interest Payable Salary and Wages Payable Other current liabilities payable Income tax payable Total Current abilities Long Term Debt Common Stock Retained camins Total Liabilities and Shareholders Equity -6000 -7200 8900 14.80 2000 8980 500 2100 2020 160 12218 5300 2200 2500 2800 120 26250 5250 7400 4000 20260 8840 6000 2000 37700 44
