You have looked at the current financial statements for J&R Homes, Company. The company has an EBIT of $2,890,000 this year. Depreciation, the increase in net working capital, and capital spending were $227,000, $92,000, and $425,000, respectively. You expect that over the next five years, EBIT will grow at 18 percent per year, depreciation and capital spending will grow at 23 percent per year, and NWC will grow at 13 percent per year. The company has $15,500,000 in debt and 415,000 shares outstanding. You believe that sales in five years will be $19,550,000 and the price-sales ratio will be 2.6. The company's WACC is 8.9 percent and the tax rate is 23 percent. What is the price per share of the company's stock? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) Share price

You have looked at the current financial statements for J&R Homes, Company. The company has an EBIT of $5,150,000 this year. Depreciation, the increase in net working capital, and capital spending were $340,000, $172,000, and $590,000, respectively. You expect that over the next five years, EBIT will grow at 17 percent per year, depreciation and capital spending will grow at 15 per year, and NWC will grow at 20 per year. The company has $29,000,000 in debt and 495,000 shares outstanding. After Year 5, the adjusted cash flow from assets is expected to grow at 3.35 percent, indefinitely. The company's WACC is 9.55 percent and the tax rate is 24 percent. What is the price per share of the company's stock? Note: Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16. Answer is complete but not entirely correct. Share price $ 117.88

You have looked at the current financial statements for J&R Homes, Company. The company has an EBIT of $3.35 million this year. Depreciation, the increase in net working capital, and capital spending were $295,000, $125,000, and $535,000, respectively. You expect that over the next five years, EBIT will grow at 15 percent per year, depreciation and capital spending will grow at 20 percent per year, and NWC will grow at 10 percent per year. The company has $19.5 million in debt and 400,000 shares outstanding. You believe that sales in Year 5 will be $45.5 million and the price-sales ratio will be 2.15. The company’s WACC is 8.6 percent and the tax rate is 22 percent.    What is the price per share of the company's stock?

You have looked at the current financial statements for Reigle Homes, Co. The company has an EBIT of $2,850,000 this year. Depreciation, the increase in net working capital, and capital spending were $225,000, $90,000, and $415,000, respectively. You expect that over the next five years, EBIT will grow at 16 percent per year, depreciation and capital spending will grow at 21 percent per year, and NWC will grow at 11 percent per year. The company has $15,100,000 in debt and 345,000 shares outstanding. You believe that sales in five years will be $22,600,000 and the price-sales ratio will be 2.4. The company’s WACC is 8.5 percent and the tax rate is 21 percent.    What is the price per share of the company's stock?

You have looked at the current financial statements for J&R Homes, Company. The company has an EBIT of $4,350,000 this year. Depreciation, the increase in net working capital, and capital spending were $300,000, $148,000, and $550,000, respectively. You expect that over the next five years, EBIT will grow at 15 percent per year, depreciation and capital spending will grow at 20 per year, and NWC will grow at 10 per year. The company has $25,000,000 in debt and 455,000 shares outstanding. After Year 5, the adjusted cash flow from assets is expected to grow at 3.55 percent, indefinitely. The company’s WACC is 9.6 percent and the tax rate is 21 percent. What is the price per share of the company's stock?   PLEASE NEED THIS ASAP

You have been studying Lucas Corp.’s financial statements. This year, the company has an EBIT of $3.15mil, Depreciation of $295,000, an increase in net working capital of $125,000, and a capital spending of $535,000. You expect that over the next 5 years, EBIT will grow at 15% per year, depreciation and capital spending will grow at 20% per year, and NWC will grow at 10% per year. After year 5, you expect the company’s free cash flow will grow at 3.5% indefinitely. The company has a 21% corporate tax rate and a WACC of 8.9%. a) Compute the free cash flows for the next 5 years. b) Compute the terminal value at the end of year 5. c) What is the company’s enterprise value?

The following tables contain financial statements for Dynastatics Corporation. Although the company has not been growing, it now plans to expand and will increase net fixed assets (i.e., assets net of depreciation) by $200,000 per year for the next 5 years, and it forecasts that the ratio of revenues to total assets will remain at 1.50. Annual depreciation is 10% of net fixed assets at the beginning of the year. Fixed costs are expected to remain at $60 and variable costs at 80% of revenue. The company's policy is to pay out two- thirds of net income as dividends and to maintain a book debt ratio of 20% of total capital. INCOME STATEMENT, 2019 (Figures in $ thousands) Revenue $1,800 Fixed costs Variable costs (80% of revenue) Depreciation Interest (8% of beginning-of-year debt) Taxable income Taxes (at 40%) 60 1,440 80 24 196 78 Net income 118 Dividends Addition to retained earnings $ 79 $ 39 BALANCE SHEET, YEAR-END (Figures in $ thousands) 2019 Assets Net working capital Fixed assets…

The following tables contain financial statements for Dynastatics Corporation. Although the company has not been growing, it now plans to expand and will increase net fixed assets (i.e., assets net of depreciation) by $200,000 per year for the next 5 years, and it forecasts that the ratio of revenues to total assets will remain at 1.50. Annual depreciation is 10% of net fixed assets at the beginning of the year. Fixed costs are expected to remain at $68 and variable costs at 80% of revenue. The company’s policy is to pay out two-thirds of net income as dividends and to maintain a book debt ratio of 20% of total capital.   INCOME STATEMENT, 2019(Figures in $ thousands) Revenue       $ 1,800   Fixed costs         68   Variable costs (80% of revenue)         1,440   Depreciation         80   Interest (8% of beginning-of-year debt)         24   Taxable income         188   Taxes (at 40%)         75   Net income       $ 113   Dividends $ 75         Addition to…

Your Health Corporation reported sales of $159,773 million, property, plant and equipment (PPE), net of $9,158 million, and capital expenditures of $2,002 million in the current year.If sales are projected to increase 4% per year over the next five years, what is the projected capital expenditures (purchases of new PPE) the following year?

The following tables contain financial statements for Dynastatics Corporation. Although the company has not been growing, it now plans to expand and will increase net fixed assets (i.e., assets net of depreciation) by $400,000 per year for the next 5 years, and it forecasts that the ratio of revenues to total assets will remain at 1.50. Annual depreciation is 10% of net fixed assets at the beginning of the year. Fixed costs are expected to remain at $96 and variable costs at 80% of revenue. The company’s policy is to pay out two-thirds of net income as dividends and to maintain a book debt ratio of 20% of total capital.   INCOME STATEMENT, 2019(Figures in $ thousands) Revenue       $ 2,760   Fixed costs         96   Variable costs (80% of revenue)         2,208   Depreciation         160   Interest (8% of beginning-of-year debt)         40   Taxable income         256   Taxes (at 40%)         102   Net income       $ 154   Dividends $ 103         Addition to…