What is enterprise value in millions

Assignment Help Finance Basics
Reference no: EM133002931

Grimaldi's had Free Cash Flows (FCFs) of $1.01mm this past year (i.e., they have already been paid). The projected FCFs for the next five years are $1.13mm, $1.26mm, $1.37mm, $1.48mm, and $1.58mm, respectively. After that time, FCF will be constant at $1.64mm. What is enterprise value (EV) in millions if the weighted average cost of capital (WACC) is 12.2 percent?

Enter your answer as a positive number, round it to two decimal places, and omit dollar signs and commas (i.e., enter $2,001.2001 as 2001.20).

Reference no: EM133002931

Questions Cloud

Prepare a cost reconciliation report : The costs of ending work in process inventory was $4,450, and costs added to production was $76,120. Prepare a cost reconciliation report
What is the new equity value after the project : AT is considering a new investment project. The project requires a permanent increase of PPE of 100M, starting from FY T+1 (the year when the new investment is
What is the loan outstanding : What is the loan outstanding after 1 year? Give your answer to the nearest cent, and do NOT include a dollar sign.
Provide the journal entries at june using effective-interest : The market rate of return at the time of issuing the bonds was 9%. Using the effective-interest method, provide the journal entries at 30 June 2022.
What is enterprise value in millions : Grimaldi's had Free Cash Flows (FCFs) of $1.01mm this past year (i.e., they have already been paid). The projected FCFs for the next five years are $1.13mm, $1.
Assessment - budget monitoring and review project : Assessment - Budget monitoring and review project - reviewing the marketing budget against actual amounts using the Marketing Expenditure Report
What total cost assigned to ending work in process was : The company has only a single processing department. What the total cost assigned to the ending work in process inventory was
Discuss the overall budget allocation for marketing : Discuss the overall budget allocation for marketing and Discuss the amounts allocated to each marketing activity - Provide an outline of the Finance Policies
Find the month unit cost for each element of manufacturing : Work in process, beginning of month-4,000 units. Compute the month's unit cost for each element of manufacturing cost and the total per unit cost.

Reviews

Write a Review

Finance Basics Questions & Answers

  Write the cost function to be minimized

Hawkins Manufacturing Company produces connecting rods for 4- and 6-cylinder automobile engines using the same production line.

  What is the price-earnings ratio

ABC, Inc., has a market-to-book ratio of 3, net income of $84,950, a book value per share of $13.1, and 51,677 shares of stock outstanding. What is the price-earnings ratio?

  Should a company be concerned

Should a company be concerned with how it treats the community?

  A wheat grower expects to have 40000 bushels of wheat to

a wheat grower expects to have 40000 bushels of wheat to sell in three months. the wheat futures contract on the

  What is the value of right-apple pty ltd

Apple Pty Ltd needs $1.1 billion of new equity. Market price is $40.00 per share. Apple Pty Ltd decides to raise additional funds by offering

  Build the binomial tree

The risk free rate for one period is 4%. Build the binomial tree!

  Explain why control is needed

Explain why control is needed and provide an example of an auto company where there may have been lack of control and what potential outcomes for that company w

  What must be the current price of the stock

The prevailing risk-free rate is 6.00%. What must be the current price of the stock on which these two options are written?

  Calculate the funds invested in risk-free securities

Other secured loans plus signature loans may not exceed the funds invested in risk-free securities. How should the $2 million be allocated to each of the loan.

  What you know about repurchase agreements

Repurchase Agreements Based on what you know about repurchase agreements, would you expect them to have a lower or higher annualized yield than commercial paper? Why?

  Compare and contrast the first mover

What are the advantages and disadvantages of each type of mover?

  Find what is the equipment after-tax salvage value

Kennedy can sell the used equipment today for $5.5 million, and its tax rate is 35%. What is the equipment's after-tax salvage value? Round your answer to the nearest cent.

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