Shady Sunglasses operates retail sunglass kiosks in shopping malls. Below is information related to the company: (dollar...

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Finance

Shady Sunglasses operates retail sunglass kiosks in shoppingmalls. Below is information related to the company:

(dollar amounts in thousands)

2012

2013

2014

2015

2016

2017

Net Cash Flow from Operations

564

628

854

1059

1345

1655

Interest Expense after tax

122

134

148

145

155

148

Decrease (Increase) in Cash Required for Operations

-75

-54

-48

-32

-61

-48

Net Cash Flow from Investing

-287

-300

-310

-285

-294

-277

Net Cash from Debt Financing

210

204

140

85

-40

-46

Present Value Factors (Re= 8.5%)

0.922

0.849

0.783

0.722

0.665

Common Shares Outstanding

in thousands

1,512

Using the above information and assuming that steady-stategrowth in year 2017 and beyond will be 4% calculate ShadySunglasses’ current value per share.

Use excel cell reference

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Shady Sunglasses operates retail sunglass kiosks in shoppingmalls. Below is information related to the company:(dollar amounts in thousands)201220132014201520162017Net Cash Flow from Operations564628854105913451655Interest Expense after tax122134148145155148Decrease (Increase) in Cash Required for Operations-75-54-48-32-61-48Net Cash Flow from Investing-287-300-310-285-294-277Net Cash from Debt Financing21020414085-40-46Present Value Factors (Re= 8.5%)0.9220.8490.7830.7220.665Common Shares Outstandingin thousands1,512Using the above information and assuming that steady-stategrowth in year 2017 and beyond will be 4% calculate ShadySunglasses’ current value per share.Use excel cell reference

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