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What is the 'UNLEVERED PROFIT AFTER TAX' in the year 2019?
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- Intro It is December 2022. You work as a financial analyst for Merck & Co. and are tasked with the due diligence on the proposed acquisition of a biotech startup. You estimated the following cash flows for the startup: Year 2023 2024 2025 2026 2027 After 2027, cash flows are expected to grow by 3% per year. Based on the riskiness of your industry, you think that your weighted average cost of capital is 16%. Submit The biotech firm has 5 million shares and bonds worth $120 million outstanding. 0+ decimals Part 1 What is the terminal value, i.e., the present value of all free cash flows from 2028 to infinity expressed in 2027- dollars (in $ million)? Submit Expected free cash flow ($ million) (end of year) 65.5 0+ decimals 98.25 127.73 153.27 168.6 Part 2 What is the total value of the company (in $ million)? Submit 0+ decimals Part 3 What is the value per share of common stock (in $)?Question 4 Given the initial investment in a factory processing equipment as Ghc500,037. Let the opportunity cost of capital for the industry be 10% p.a. Assuming that the equipment is capable of generating an after-tax returns of Ghc115,000 for the first 5 years and Ghc65000 for the 6th year and Ghc53400 for the 7th year. a. Find the Net Present Value (NPV) b. Determine the Internal Rate of Return c. Identify three ways in which the Net Present value is superior to the Internal Rate of return as investment criteriaTowson Industries is considering an investment of $496,800 that is expected to generate returns of $150,000 per year for each of the next four years. What is the investment’s internal rate of return? https://openstax.org/books/principles-managerial-accounting/pages/time-value-of-money _________%
- eBook Investment Outlay Talbot Industries is considering launching a new product. The new manufacturing equipment will cost $18 million, and production and sales will require an initial $5 million investment in net operating working capital. The company's tax rate is 25%. Enter your answers as a positive values. Enter your answers in millions. For example, an answer of $10,550,000 should be entered as 10.55. Round your answers to two decimal places. What is the initial investment outlay? $ million The company spent and expensed $150,000 on research related to the new project last year. What is the initial investment outlay? $ million Rather than build a new manufacturing facility, the company plans to install the equipment in a building it owns but is not now using. The building could be sold for $1.8 million after taxes and real estate commissions. What is the initial investment outlay? $ millionMath introduction As the manager of a company you wish to invest in a new machine, which costs € 4 million. The annual interest rate is 6%. The expected increase in revenue from the new machine in 2025 and 2026 is € 1,700,000 and € 1,500,000, respectively. The expected increase in revenue in 2027 is highly uncertain. How much must the increase in revenue in 2027 be at least to break even, given the data above? O Between € 800,000 and € 1,000,000 O Between € 1,600,000 and € 1,800,000 O Between € 1,200,000 and € 1,400,000 Between € 1,400,000 and € 1,600,000 O Between € 1,000,000 and € 1,200,000QUESTION 17 Lulu Hypermarket plans to open a new branch in Sitra. The branch will initially cost them 34,668 BD and will generate a return of 6,689 BD, 6,704 BD, 9,076 BD and 5,909 BD respectively for the next four years. Calculate the investment's Pl if the cost of capital is 12%.
- Question 1 Assuming that you have beeh appointed finance director of BPX Bhd. The company is considering investing in the production of an electronic device used in automobile. There are two mutually exclusive projects available to achieve the plan. Project I Return in one year (RM) 60,000 60,000 Project II State of economy Probability Good 0.3 58,000 62,000 Moderate 0.5 Poor 0.2 50,000 48,000 Project I or II would require an investment of RM50,000. The company has a current market value of RM800,000. The estimated returns of the market in one year are: Good state 20%, Moderate state 15% and Poor state 10% respectively. Assume that the treasury bill rate as 9%. The research director projects that the company's share price will move in line with the market. Required (in no more than 1,000 words, show all relevant workings) (a) Calculate i market variance ii. systematic risk for Project I iii. systematic risk for Project II iv. covariance between Project I and the market v. covariance…Question 2 Jeanius plc is considering an investment of £10 million in a new trouser production plant. The project business plan is based on the following assumptions: • The project will start on 1st January 2022. The initial investment is assumed to be incurred at the start of the project. Production will start on 1st January 2024. • Production will be 2 million pairs of trousers each year for the first 8 years of production and then increased to 4 million pairs. Profits will be £0.75 per pair of trousers to be received at the beginning of each calendar year. Profits increase by 2% each year starting in the 3rd year of production. • The plant will incur maintenance costs of £500,000 incurred at the end of each year after start of production. From the 6th year of production onwards, maintenance costs will increase by 3% each year. (a) Calculate (i) the discounted payback period of the project assuming an AER of 7.5% per annum (ii) the accumulated value of the project on 1st of January…Investment Outlay Talbot Industries is considering launching a new product. The new manufacturing equipment will cost $9 million, and production and sales will require an initial $1 million investment in net operating working capital. The company's tax rate is 25%. Enter your answers as a positive values. Enter your answers in millions. For example, an answer of $10,550,000 should be entered as 10.55. Round your answers to two decimal places. a. What is the initial investment outlay? $ b. The company spent and expensed $150,000 on research related to the new project last year. What is the initial investment outlay? $ million $ million c. Rather than build a new manufacturing facility, the company plans to install the equipment in a building it owns but is not now using. The building could be sold for $1.3 million after taxes and real estate commissions. What is the initial investment outlay? million