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Available to you are excerpts from the balance sheet and income statements for fiscal 2020....

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Finance

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Available to you are excerpts from the balance sheet and income statements for fiscal 2020. Income Statement 2020 Balance Sheet 2020 2019 Sales 127000 4500 4600 7900 COGS Depreciation 38100 3400 A/R Inventory PPE A/Pay Debt 7700 92000 94000 S&G exp 2000 1170 1280 EBIT 83500 68946 78508 4869 Equity 103368 98000 Interest Exp Loss on sale Taxes 416 23464.5 5368 NI Other information: Tax= 30% CAPEX 2000 RE 4% Beta 1.2 RP 5% 20000 30% Shares b= Market P Target D/BV 60 67% a. You expect FCFF to grow at a constant rate of 3%, calculate the value of the firm. b. Based on the value of the firm you calculated in (e), calculate the value of equity per share

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