Fi515 Week 7 Project. Problem 13-10

Project Complete the Problem 13-10 Corporate valuation on pages 551-552 in a Word document named FI515_W7_Project_yourname. Show the exposit of your calculation/work in your answer to the Problem. (13-10) Corporate Valuation The financial statements of Lioi marque Fabricators are shown belowboth the true(a) results for 2010 and the projections for 2011. Free bills flow is expected to grow at a 6% rate after 2011. The weighted average personify of majuscule is 11%. * a. If direct capital as of 12/31/2010 is $502.2 million, what is the free cash flow for 12/31/2011? * b. What is the sentiment jimmy as of 12/31/2011? * c. What is the revalue of operations as of 12/31/2010? * d. What is the total value of the union as of 12/31/2010? * e. What is the intrinsic wrong per helping for 12/31/2010? Income Statements for the Year Ending celestial latitude 31 (Millions of Dollars Except for Per Share Data)  | Actual 2010 | intercommunicate 2011 |  | discharge gross revenue| $ 500.0| $ 530.0| Costs (except depreciation)| 360.0| 381.6| Depreciation|     37.5 |     39.8 |    Total operating costs| $ 397.5 | $ 421.4 | dinero forwards interest group and taxes| $ 102.5| $ 108.6|    Less interest|     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 getable for common dividends| $   47.2 | $   48.2 | Common dividends| $   40.8| $   29.7| admittance to retained earnings| $     6.4| $   18.5| sum up of shares| 10| 10| Dividends per share| $   4.08| $   2.97| Balance Sheets for December 31 (Millions of Dollars)  | Actual 2010 | Projected 2011 |  | Assets |  |  | | | Cash| $     5.3| $     5.6| | | Marketable securities| 4 9.9| 51.9| | | Accounts receivable| 53.0| ! 56.2| | | Inventories|    106.0 |    112.4 | |...If you requisite to get a full essay, order it on our website: OrderEssay.net

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