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Consider the following abbreviated financial statements for Boathead Enterprises: BOATHEAD ENTERPRISES 2014 and 2015 Partial...

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Finance

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Consider the following abbreviated financial statements for Boathead Enterprises: BOATHEAD ENTERPRISES 2014 and 2015 Partial Balance Sheets Assets Liabilities and 2014 2015 Current Current $ 1,008 $ 946 assets liabilities Net fixed 3,907 Long-term 4,600 assets debt Equity BOATHEAD ENTERPRISES 2015 Select Income Statement Info Sales $ 12,340 Costs 5,920 Depreciation 1,050 Interest paid 190 The tax rate is 35%. Long term debt trades at par. The firm has 1,000 shares outstanding. Free Cash Flow to the Firm will grow at 2% and the Free Cash Flow to Equity will grow at 7% forever. The weighted average cost of capital is 12%. The cost of equity is 20%. Construct the income statement What is the Free Cash Flow to the Firm for 2015? $ Question 4 1 pts What is the Value of the Firm (Assets)? $ Question 5 1 pts What is the stock price per share using the discounted FCFF valuation? $ What is the stock price per share using the discounted FCFE valuation? $

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