Best estimate of the stock price per share

Assignment Help Finance Basics
Reference no: EM132484314

Based on the corporate valuation model, the value of a company's operations is $1,700 million. The company's balance sheet shows $80 million in accounts receivable, $60 million in inventory, and $100 million in short-term investments that are unrelated to operations. The balance sheet also shows $90 million in accounts payable, $230 million in notes payable, $700 million in long-term debt, $130 million in preferred stock, $180 million in retained earnings, and $800 million in total common equity. If the company has 40 million shares of stock outstanding, what is the best estimate of the stock's price per share?

Reference no: EM132484314

Questions Cloud

What is the project expected npv-joyner inc : Joyner Inc. is considering a project which would require a $4.3 million investment today (t = 0). The after-tax cash flows the factory generates will depend on
What amount of tax can the IRS require Jasper to pay : What amount of tax can the IRS require Jasper to pay for the Dahvill's year 2 joint return? Jasper and Crewella Dahvill were married in year 0.
Compute new price of bond : Media bias issued bonds 10 years ago at $1000 per bond. bonds had a 40 year life when issued and the annual interest was 12%. compute new price of bond.
Standard deviation of this two-currency portfolio : Based on this information the standard deviation of this two-currency portfolio is approximately?
Best estimate of the stock price per share : If the company has 40 million shares of stock outstanding, what is the best estimate of the stock's price per share?
Prepare journal entries for stave company to record : Prepare journal entries for Stave Company to record the transactions related to these bonds in 2017, assuming Stave does not elect the fair option
How much of lease liability should be classified as current : How much of the lease liability should be classified as current on December 31, 2017, and December 31, 2018? (Round your intermediate calculations)
What was the cash flow per io share : In the first month, the total payments from the pool were $467.5 thousand. What was the cash flow per IO share (to the nearest dollar)? Assume no defaults.
Total interest to be paid over the life of a 30-year : What is the total interest to be paid over the life of a 30-year, 4.7%, $116.6 thousand fixed-rate mortgage? Assume the borrower makes only the required payment

Reviews

Write a Review

Finance Basics Questions & Answers

  What is opportunity worth today

Assume that you can receive $47,000 per year forever and that your cost of money is 8.5%. What is this opportunity worth today.

  What are the different management strategies

What are the different management strategies to retain and increase cash.

  What is your net interest savings over the life of the loan

What is your net interest savings over the life of the loan, assuming the loan is held to its maturity?

  Performance evaluation methods

What are some of the performance evaluation methods? How might these methods be perceived as discriminatory?

  Swott the extra t means trends

What is the difference between the two? Can you please provide examples of each? Which one would you recommend as a manager? Why?

  Which one of the following best describes exchange

This morning, you exchanged some U.S. dollars for Canadian dollars in preparation for that trip. Which one of the following best describes this exchange?

  What is the free cash flow to equity

Whirlpool this year will have an EBIT of $200, depreciation of $30, capital expenditures of $150, and an increase in net working capital of $10.

  What must have been their earnings per share

If they had no preferred stock, what must have been their earnings per share?

  A premises fronting onto the main street of a large town

McGComputers was founded in 1986 by Jason McGinley. It is an independent firm specializing in the sale and repair of computers, operating from a premises fronting onto the main street of a large town.

  Shares of preferred stock outstanding

The company has been losing mone and has not paid preferred dividends for the last five years. There are 350,000 shares of preferred stock outstanding and $650,000 shares of common stock.

  Determine one 1 significant benefit to an organization that

suggest one 1 key economic factor that motivates leasing as an option in acquiring an asset. explain the potential

  What is the nominal annual percentage cost

What is the nominal annual percentage cost of its non-free trade credit, based on a 365-day year?

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd