What is the free cash flow for 12/31/2005

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The financial statements of Lioi Steel Fabricators are shown below, with the actual results for 2004 and the projections for 2005. Free cash flow is expected to grow at a 6 percent rate after 2005. The weighted average cost of capital is 11 percent.

a. If operating capital as of 12/31/2004 is $502.2 million, what is the free cash flow for 12/31/2005?

b. What is the horizon value as of 12/31/2005?

c. What is the value of operations as of 12/31/2004?d. What is the total value of the company as of 12/31/2004?

e. What is the price per share for 12/31/2004?

Income Statement for the Year Ending December 31 (Millions of Dollars Except for Per Share Data)

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Reference no: EM131102732

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What is the free cash flow for 12/31/2005 : Free cash flow is expected to grow at a 6 percent rate after 2005. The weighted average cost of capital is 11 percent. a. If operating capital as of 12/31/2004 is $502.2 million, what is the free cash flow for 12/31/2005? b. What is the horizon value..
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