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Use the following information to answer questions 1 - 8 Consider the following abbreviated financial statements for Xinghua: XINGHUA 2 0 1 4 and 2
Use the following information to answer questions Consider the following abbreviated financial statements for Xinghua: XINGHUA and Partial Balance Sheets Assets Liabilities and Owners Equity Current assets $ $ Current liabilities $ $ Net fixed assets Longterm debt Equity XINGHUA Income Statement Sales $ Costs Depreciation Interest paid The tax rate is Long term debt trades at of par. The firm has shares outstanding. Free Cash Flow to the Firm and the Free Cash Flow to Equity are both expected to grow at forever. The weighted average cost of capital is The cost of equity is What is the change in net working capital for $ What is the change in gross fixed assets, ie capital expenditures, for $ What is the Net Income for $ What is the Free Cash Flow to the Firm for $ What is the Value of the Firm Assets $ What is the stock price per share using the discounted FCFF valuation? $ What is the Free Cash Flow to Equity for $ What is the stock price per share using the discounted FCFE valuation?
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