Calculate gilligan boat tours ltd current common share price

Assignment Help Accounting Basics
Reference no: EM132677813

Gilligan's Boat Tours Ltd. most recent free cash flow was $100,000. The company expects free cash flows to grow at 30% per year for the next three years and then be stable in future years. The company's cost of equity (rs) is 12% and its WACC is 11%. The company has $400,000 in long-term debt and has 50,000 common shares outstanding.

Required:

Problem 1: Calculate Gilligan' Boat Tours Ltd. current common share price?

Reference no: EM132677813

Questions Cloud

Define fractional ownership and relation to cloud computing : Write at least 500 words on fractional ownership and it's relation to cloud computing. Use at least one example from another industry.
Calculate the total manufacturing costs : Work in Process Inventory 1/1/19 $15,000 and Direct Labor for 2019 120,000. Calculate the total manufacturing costs for 2019
What kind of capabilities are particularly important : We talked about that product differentiation and cost leadership strategies require different capabilities.
Compares and contrasts pmbok and prince2 or agile : Report that compares and contrasts PMBoK and PRINCE2 or Agile (any 2). This will be based on the week 4 and week 5 discussions that you had in your group
Calculate gilligan boat tours ltd current common share price : Calculate Gilligan' Boat Tours Ltd. current common share price? The company expects free cash flows to grow at 30% per year for the next three years
Explain why a firm with cost leadership strategy : Please use the PCV model and our discussions on 5-force model and business strategy to explain why a firm with cost leadership strategy, compared to other firms
Discuss the emerging technologies in auditing profession : Discuss the emerging technologies in auditing profession and identify how it would benefit the profession. You should also discuss the challenges faced
How are productivity measures used : How is productivity defined? Why is productivity important? How are productivity measures used?
Describe three types of errors that can occur in javascript : Briefly describe three types of errors that can occur in JavaScript. Determine which error you believe to be the most difficult to debug.

Reviews

Write a Review

Accounting Basics Questions & Answers

  Proportionate distribution of something

Question 1: The type of graph which is used to emphasize the proportionate distribution of something is a:

  There are a variety of methods for revenue recognition

There are a variety of methods for revenue recognition. Define and describe each of the following methods of revenue recognition, and indicate whether each is in accordance with generally accepted accounting principles.

  In october the company had sales that were 2400 higher than

1. describe a process costing system including the types of companies that commonly use this system. how can process

  Transport students to and from school events

A private school is considering the purchase of six school buses to transport students to and from school events. The initial cost of the buses is $600,000. The life of each bus is estimated to be five years, after which time the vehicles would ha..

  Standard deviation of all possible sample proportions

A sample size of 1000 is large enough to conclude that the sampling distribution of p is a normal distribution, when the estimate of the population proportion is .996

  Determine the income statement and balance sheet effects of

karysa co.s real estate taxes have been increasing at the rate of 10 annually. determine the income statement and

  Determining the long-term consequences

Who might suffer in the short term if you go along with your supervisor's request? What might happen in the future if you go along with her request this time? If you do not go along, who might suffer in the short term and what could be the long-te..

  Compute tom taxable income

The following information relates to Tom, a single tax-payer, age 18: Salary $1,800 Compute Tom's taxable income assuming he is a dependent of his parents

  Pro forma income statement for the final quarter

The total depreciation expense for the period will be $8,775. An interest payment on outstanding debt of $15,000 will be made in December. Using the information given, construct a pro forma income statement for the final quarter of 2004 for Parker..

  Discuss the initial accounting for an ARO

Discuss the accounting for the settlement of the ARO if the actual cash required to complete the retirement obligation is $950,000.

  Calculate the weighted average outstanding shares

Granite Marbles Manufacturing Company has the following changes in its ordinary outstanding shares during 2019: Calculate the weighted average outstanding share

  Prepare the journal entry for Arctic to record the sale

Assume the note indicates that Seneca is to pay Arctic the $39,600 due on the note on December 31, 2021. Prepare the journal entry for Arctic

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