Fi515 Project

FI 515 Project The financial statements of Lioi Steel Fabricators atomic number 18 shown belowboth the true(a) results for 2010 and the projections for 2011. costless cash flow is expect to grow at a 6% rate after 2011. The weighted add up cost of capital is 11%. a.If operational capital as of 12/31/2010 is $502.2 million, what is the allay cash flow for 12/31/2011? b.What is the horizon nourish as of 12/31/2011? c.What is the value of operations as of 12/31/2010? d.What is the hail value of the company as of 12/31/2010? e.What is the inbred price per share for 12/31/2010? Income Statements for the Year remnant declination 31 (Millions of Dollars just for Per Share Data authentic 2010 commune 2011 ________________________________________ Net sales $ 500.0 $ 530.0 cost (except depreciation) 360.0 381.6 Depreciation 37.5 39.8 full in operation(p) costs $ 397.5 $ 421.4 Earnings in front interest group and taxes $ 102.5 $ 108.6 little interest 13.9 16.0 Earnings onwards taxes $88.6 $92.6 Taxes (40%) 35.4 37.0 Net income before pet dividends $ 53.2 $ 55.6 preferred dividends 6.0 7.4 Net income operational for common dividends $ 47.2 $ 48.2 gross dividends $ 40.8 $ 29.7 profit to carry salary $ 6.4 $ 18.5 reduce of shares 10 10 Dividends per share $ 4.08 $ 2.

97 eternal sleep Sheets for December 31 (Millions of Dollars) Actual 2010 Projected 2011 ________________________________________ Assets Cash $ 5.3 $ 5.6 marketable securities 49.9 51.9 Accounts receivable 53.0 56.2 Inventories 106.0 112.4 Total catamenia assets $ 214.2 $ 226.1 Net plant and equipment 375.0 397.5 Total assets $ 589.2 $ 623.6 Liabilities and candor Accounts due $ 9.6 $ 11.2 Notes payable 69.9 74.1 Accruals 27.5 28.1 Total current liabilities $ 107.0 $ 113.4 long bonds 140.8 148.2 preferred stock 35.0 37.1 Common stock (par plus PIC) 160.0 160.0 kept up(p) earnings 146.4 164.9 Common honor $ 306.4 $ 324.9 Total liabilities and equity $ 589.2 $...If you wish to kick the bucket a full essay, order it on our website: Ordercustompaper.com

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