Project 2

Project 2 Week 7 Complete the  problem 13-10 somatic Valuation on pages 551-552 in a rule book 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. unaffectionate property flow is expect to grow at a 6% rate after 2011. The weighted average bell 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 look upon as of 12/31/2011? * c. What is the nurture 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 expenditure per piece of land for 12/31/2010? Income Statements for the Year Ending declination 31 (Millions of Dollars Except for Per office Data) Actual 2010| project 2011|  | earnings sales| $ 500.0| $ 530.0| Costs (except depreciation)| 360.0| 381.6| dispraise|     37.5|     39.8|    Total operating be| $ 397.5| $ 421.4| Earnings in the beginning invade and taxes| $ 102.5| $ 108.6|    Less please|     13.9|     16.0| Earnings before taxes| $   88.6| $   92.6|    Taxes (40%)|      35.4|      37.

0| Net income before prefer dividends| $   53.2| $   55.6|    Preferred dividends|       6.0|       7.4| Net income available for common dividends| $   47.2| $   48.2| commonalty d ividends| $   40.8| $   29.7| increas! e 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|  |  | | | coin| $     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 undecomposed essay, order it on our website: OrderCustomPaper.com

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