Fall 2019 Real Final Exam for Finance 5210 001 Sprea dsheet solution to 2 a and

Fall 2019 real final exam for finance 5210 001 sprea

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Fall 2019 Real Final Exam for Finance 5210 001 Sprea dsheet solution to #2 a and b) Assumptions: The given figures are in green Debt Number of shares outstanding($000) Tax rate Opportunity cost of capital, percent (r) Long-run growth rate Line # $8,000,000 1,155,000 30.00% 0.1300 0.1050 (S thousands) Latest Forecast Year, 2 3 5 49, 464 23,507 44, 135 15,459 72,499 43,631 67,332 1 Sales 25,003 7,765 95,050 58,957 2 Cost of goods sold 41,560 8,613 3 Other costs 9,709 10,680 15,092 5,027 12,211 14,311 17,173 4 EBITDA (1 - 2- 3) 5 Depre ciation 6 Profit before tax (EBIT) (4 - 5) 7 Tax 8 Profit after tax (6 - 7) 14,557 16,248 5,678 20,063 18,920 5,908 13,012 5,890 5,670 6,541 1,962 5,908 6,107 8,450 10,570 9,202 14, 155 3,171 2,761 4,247 9,909 2,535 5,915 3,904 9, 108 7,399 6,441 4,579 9 Change in working capital 10 Investment (chg. in gross fixed assets) -352 -242 227 781
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-56 239 6,554 6,591 7,347 5,340 5,479 6,423 Free cash fow8 + 5 9 10) PV Free cash flow, years 1-4 Horizon Value PV Horizon value Debt PV of company Value per share for NT, Inc. Part A) Ifthe market price is presently $150.00 per share, is the company under or overvahied? Part B) Comments: The cellsin yellow need to be solve dfor. When examining the
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