What is the value of operations for bayani bakery

Assignment Help Financial Accounting
Reference no: EM132750864

Bayani Bakery's most recent FCF was $45 million; the FCF is expected to grow at a constant rate of 6%. The firm's WACC is 13%, and it has 15 million shares of common stock outstanding. The firm has $30 million in short-term investments, which it plans to liquidate and distribute to common shareholders via a stock repurchase; the firm has no other nonoperating assets. It has $364 million in debt and $61 million in preferred stock.

Problem 1: What is the value of operations? Enter your answer in millions. For example, an answer of $1.2 million should be entered as 1.2, not 1,200,000. Round your answer to two decimal places.

Reference no: EM132750864

Questions Cloud

Find the intrinsic value of xyz stock : If the interest rate is 20% during the high-growth rate period and 10% during the stable-growth rate period, find the intrinsic value of XYZ stock.
Compute the hhi for the industry : Compute the HHI for this industry. Make sure to round your answers to the nearest 1000th decimal point. You consider an industry with 50 small firms
Ethical implication of a hands-off system : Explain ONE (1) ethical implication of a hands-off system that provides no government intervention to those in economic need.
How may the marketing concept be explained : How may the marketing concept be explained? Is it applicable to an engineering firm?
What is the value of operations for bayani bakery : What is the value of operations? Enter your answer in millions. For example, an answer of $1.2 million should be entered as 1.2, not 1,200,000.
What amount should the inventory be valued : On the date of transfer, what amount should the inventory be valued? On January 2, 2019, Silent Corporation has an investment property
What is a competency-based job analysis : How does job analysis support human resource management activities? What are the steps involved in the job analysis process? In a brief essay, compare
Why is price said to be a strong competitive tool : 1. How may the engineer manager meet the threat of a competitor's product?
How do compute what is the bond price : What is the bond's price? A bond has 12 years remaining to maturity, and pays interest annually. The par value is $1000. The coupon rate is 7%

Reviews

Write a Review

Financial Accounting Questions & Answers

  Financial statement analysis and preparation

Financial Statement Analysis and Preparation

  Shareholder of a company

Describe the ways that a person can become a shareholder of a company. Why Wal-Mart would split its stock?

  Financial and accounting principles

An understanding of financial and accounting principles can be a valuable tool for managers. While not all managers will find themselves calculating financial ratios or preparing annual financial data.

  Prepare a statement of cash flow using the direct method

Prepare a Statement of Cash Flow using the Direct Method and Prepare the Operations section of the Statement of Cash Flow using the Indirect Method.

  Financial accounting assignment

This assignment has one case study and two question apart from case study. Questions related to document Liquidation question and Company financial statements question - Torquay Limited

  Prepare general journal entries for goela

Prepare general journal entries for Goela Ltd

  Principles of financial accounting

Prepare the journal entry to record the acquisition of the assets.

  Prepare general journal entries to record the transactions

Prepare general journal entries to record the transactions, assuming use of the periodic inventory system

  Global reporting initiative

Compare the view espoused by the economist Milton Friedman about the social responsibilities of business with the views express by Stigler.

  Explain the iasb conceptual frameworks

Explain the IASB Conceptual Framework's perspective of users and their decisions.

  Determine the company''s financial statements

T he focus of the report is to determine the extent to which you are comfortable relying on the financial statements as presented by management .

  Computation of free cash flow

Computation of Free Cash Flow

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