suggestions for progressive 3 - Use investtext plus from...

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Use investtext plus from johnson library for sample analyst report   model after analyst report include executive summary seekingalpha Retta seekingalpha Jeffrey Valane proforma: use 10-K for PNK use past 3 years of data terminal growth shouldn’t exceed GDP growth base depreciation by % net  PPE OCF=Net Income + Depre + Adj to NI + Net Working Capital Inventory by % of cogs Stockholders’ equity: Plug: Paid in capital = TA – TL – other items on SE Make sure L+OE=A FCFE=NI-Increase in common equity FCFE=Cash dividends + net purchases FCFE=CFO-CFI(inflow)-Net debt repayments-Increase in cash balance FCFE=CFO+capex+net debt repayments+/-Decrease(increase) in cash balance Note: Capex and net debt are cash outflows Discounted Cashflow Valuation Shares outstanding Cost of equity (annual capm) Finite forecasting period Terminal growth rate (not exceeding GDP) Fiscal year ending valuation date
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This note was uploaded on 04/06/2008 for the course H ADM 429 taught by Professor Cchang during the Fall '03 term at Cornell University (Engineering School).

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suggestions for progressive 3 - Use investtext plus from...

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