Project 2

Project 2 Week 7 Complete the  line of work 13-10 somatic Valuation on pages 551-552 in a war cry schedule named FI515_W7_Project_yourname. Show the details of your calculation/work in your practice to the Problem. Project Two (13-10) Corporate Valuation The monetary statements of Lioi Steel Fabricators are shown underboth the actual results for 2010 and the projections for 2011. chuck up the sponge property flow is expect to grow at a 6% rate after 2011. The weighted average terms of capital is 11%. * a. If run capital as of 12/31/2010 is $502.2 million, what is the free cash flow for 12/31/2011? * b. What is the horizon range as of 12/31/2011? * c. What is the judge of operations as of 12/31/2010? * d. What is the total value of the company as of 12/31/2010? * e. What is the intrinsic cost per cover for 12/31/2010? Income Statements for the Year Ending declination 31 (Millions of Dollars Except for Per office Data) Actual 20 10| project 2011|  | light up sales| $ 500.0| $ 530.0| Costs (except depreciation)| 360.0| 381.6| dispraise|     37.5|     39.8|    Total operating cost| $ 397.5| $ 421.4| Earnings in the beginning invade and taxes| $ 102.5| $ 108.6|    Less pursuance|     13.9|     16.0| Earnings before taxes| $   88.6| $   92.6|    Taxes (40%)|      35.4|      37.0| Net income before preferred dividends| $   53.2| $   55.6|    Preferred dividends|       6.0|       7.4| Net income available for common dividends| $   47.2| $   48.2| commonalty dividends| $   40.8| $   29.7| entree to retained earnings| $     6.4| $   18.5| Number of shares| 10| 10| Dividends per share| $   4.08| $   2.97| Balance Sheets for December 31 (Millions of Dollars)  | Actual 2010| Projected 2011|  | Assets|  |  | | | capital| $     5.3| $     5.6| | | Marketable securities| 49.9| 51.9| | | Accounts receivable| 53.0| 56.2| | | ! Inventories|    106.0|    112.4| | |...If you want to get a beat essay, order it on our website: BestEssayCheap.com

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