Justus Motor Co.has a WACC of 11.50%, and its value of operations is $25.00 million. Justus's free cash flow is expected to grow at a constant rate of 7.00%. What was the last free cash flow, FCF0 in millions?
A. $0.95
B. $1.05
C. $1.16
D. $1.27
E. $1.40
Answer: B
You might also like to view...
The market price per share of Zinc Corporation is $145, and earnings per share is $20. What is the price/earnings ratio of Zinc Corporation?
A. 10.25 B. 7.25 C. 2.25 D. 12.36 E. 15.00
A building with an appraisal value of $167,000 is made available at an offer price of $162,000 . The purchaser acquires the property for $25,000 in cash, a 90-day note payable for $75,000, and a mortgage amounting to $65,000 . The cost basis recorded in the buyer's accounting records to recognize this purchase is
a. $167,000 b. $162,000 c. $165,000 d. $140,000
An annual publication that lists the top 50 marketing research firms BASED in the U.S. is known as:
A) World's Top 50 B) Research World's 50 C) The Honomichl Top 50 D) The J.C. Snead Global Top 50 E) none; there is no such report available
Forecasters view demand as a combination of ______.
a. direct and indirect variations b. seasonal and cyclic variations c. predictable and random variations d. regular and irregular variations