Uber inc. is launching on the company whose shares are currently. It is currently trading at $15/share
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Question:
Uber inc. is launching on the company whose shares are currently. It is currently trading at $15/share while.
projects that,
- sales will grow by 20% per year for the next 2 years from its current level of $10MM annually, then settle at a constant rate of 6% from year 3 onwards.
- variable cost is at 60% of sales and fixed cost is a constant $1.5MM per year
- depreciation is a constant $800,000 per year
The share price offered based on your analysis is:
Related Book For
Intermediate Accounting
ISBN: 978-0132162302
1st edition
Authors: Elizabeth A. Gordon, Jana S. Raedy, Alexander J. Sannella
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