Homework Help is Here – Start Your Trial Now!
Business
Accounting
Consider recent financials for Ellie's Essentials LLC: Balance Sheet Current Assets Net PPE Total Assets Current Liabilities Long-term debt Total Liabilities Shareholder Equity Liabilities and Equity Income Statement SALES COGS GROSS PROFIT S&A Depreciation EBIT INTEREST EBT TAXES (40.00%) NET INCOME Submit 2020 $11,248.00 $31,000.00 $42,248.00 Answar format: Currency Round to: 2 decimal places $8,512.00 $13,033.00 $21,545.00 $20,703.00 $42,248.00 Estimate the firm's price per share using the discounted cash flow model. 2020 $11,000.00 $4,400.00 $6,600.00 $1,100.00 $550.00 $4,950.00 $1,272.00 $3,678.00 $1,471.20 $2,206.80 2019 $10,000.00 $30,000.00 $40,000.00 $8,000.00 $12,000.00 $20,000.00 $20,000.00 $40,000.00 Going forward, analysts have forecasted the following free cash flows: $2,600.00 in 2021, and $2,600.00 in 2022. After that point, analysts expect free cash flows to grow at 3.00%. The firm has no short-term debt or preferred stock, and there are 1,000 shares outstanding. The firm's cost of capital is 9.00%. 2019 $10,000.00 $4,000.00 $6,000.00 $1,000.00 $500.00 $4,500.00 $1,200.00 $3,300.00 $1,320.00 $1,980.00 unanswered not_submitted Attempts Remaining: Infinity

Consider recent financials for Ellie's Essentials LLC: Balance Sheet Current Assets Net PPE Total Assets Current Liabilities Long-term debt Total Liabilities Shareholder Equity Liabilities and Equity Income Statement SALES COGS GROSS PROFIT S&A Depreciation EBIT INTEREST EBT TAXES (40.00%) NET INCOME Submit 2020 $11,248.00 $31,000.00 $42,248.00 Answar format: Currency Round to: 2 decimal places $8,512.00 $13,033.00 $21,545.00 $20,703.00 $42,248.00 Estimate the firm's price per share using the discounted cash flow model. 2020 $11,000.00 $4,400.00 $6,600.00 $1,100.00 $550.00 $4,950.00 $1,272.00 $3,678.00 $1,471.20 $2,206.80 2019 $10,000.00 $30,000.00 $40,000.00 $8,000.00 $12,000.00 $20,000.00 $20,000.00 $40,000.00 Going forward, analysts have forecasted the following free cash flows: $2,600.00 in 2021, and $2,600.00 in 2022. After that point, analysts expect free cash flows to grow at 3.00%. The firm has no short-term debt or preferred stock, and there are 1,000 shares outstanding. The firm's cost of capital is 9.00%. 2019 $10,000.00 $4,000.00 $6,000.00 $1,000.00 $500.00 $4,500.00 $1,200.00 $3,300.00 $1,320.00 $1,980.00 unanswered not_submitted Attempts Remaining: Infinity

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
See similar textbooks
icon
Related questions
Question

Dont uplode any image in answer

#6 Consider recent financials for Ellie's Essentials LLC: Balance Sheet Current Assets Net PPE Total Assets Current Liabilities Long-term debt Total Liabilities Shareholder Equity Liabilities and Equity Income Statement SALES COGS GROSS PROFIT S&A Depreciation EBIT INTEREST EBT TAXES (40.00%) NET INCOME Submit 2020 $11,248.00 $31,000.00 $42,248.00 Answer format: Currency: Round to: 2 decimal places. $8,512.00 $13,033.00 $21,545.00 $20,703.00 $42,248.00 Estimate the firm's price per share using the discounted cash flow model. 2020 $11,000.00 $4,400.00 $6,600.00 $1,100.00 $550.00 $4,950.00 $1,272.00 $3,678.00 $1,471.20 $2,206.80 2019 $10,000.00 $30,000.00 $40,000.00 $8,000.00 $12,000.00 $20,000.00 $20,000.00 $40,000.00 2019 Going forward, analysts have forecasted the following free cash flows: $2,600.00 in 2021, and $2,600.00 in 2022. After that point, analysts expect free cash flows to grow at 3.00%. The firm has no short-term debt or preferred stock, and there are 1,000 shares outstanding. The firm's cost of capital is 9.00%. $10,000.00 $4,000.00 $6,000.00 $1,000.00 $500.00 $4,500.00 $1,200.00 $3,300.00 $1,320.00 $1,980.00 unanswered not submitted Attempts Remaining: Infinity
Transcribed Image Text:#6 Consider recent financials for Ellie's Essentials LLC: Balance Sheet Current Assets Net PPE Total Assets Current Liabilities Long-term debt Total Liabilities Shareholder Equity Liabilities and Equity Income Statement SALES COGS GROSS PROFIT S&A Depreciation EBIT INTEREST EBT TAXES (40.00%) NET INCOME Submit 2020 $11,248.00 $31,000.00 $42,248.00 Answer format: Currency: Round to: 2 decimal places. $8,512.00 $13,033.00 $21,545.00 $20,703.00 $42,248.00 Estimate the firm's price per share using the discounted cash flow model. 2020 $11,000.00 $4,400.00 $6,600.00 $1,100.00 $550.00 $4,950.00 $1,272.00 $3,678.00 $1,471.20 $2,206.80 2019 $10,000.00 $30,000.00 $40,000.00 $8,000.00 $12,000.00 $20,000.00 $20,000.00 $40,000.00 2019 Going forward, analysts have forecasted the following free cash flows: $2,600.00 in 2021, and $2,600.00 in 2022. After that point, analysts expect free cash flows to grow at 3.00%. The firm has no short-term debt or preferred stock, and there are 1,000 shares outstanding. The firm's cost of capital is 9.00%. $10,000.00 $4,000.00 $6,000.00 $1,000.00 $500.00 $4,500.00 $1,200.00 $3,300.00 $1,320.00 $1,980.00 unanswered not submitted Attempts Remaining: Infinity
Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 3 steps

SEE SOLUTIONCheck out a sample Q&A here
Blurred answer
Knowledge Booster
Ratio Analysis
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, accounting and related others by exploring similar questions and additional content below.
Recommended textbooks for you
FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
Accounting
ISBN:
9781259964947
Author:
Libby
Publisher:
MCG
Accounting
Accounting
Accounting
ISBN:
9781337272094
Author:
WARREN, Carl S., Reeve, James M., Duchac, Jonathan E.
Publisher:
Cengage Learning,
Accounting Information Systems
Accounting Information Systems
Accounting
ISBN:
9781337619202
Author:
Hall, James A.
Publisher:
Cengage Learning,
Horngren's Cost Accounting: A Managerial Emphasis…
Horngren's Cost Accounting: A Managerial Emphasis…
Accounting
ISBN:
9780134475585
Author:
Srikant M. Datar, Madhav V. Rajan
Publisher:
PEARSON
Intermediate Accounting
Intermediate Accounting
Accounting
ISBN:
9781259722660
Author:
J. David Spiceland, Mark W. Nelson, Wayne M Thomas
Publisher:
McGraw-Hill Education
Financial and Managerial Accounting
Financial and Managerial Accounting
Accounting
ISBN:
9781259726705
Author:
John J Wild, Ken W. Shaw, Barbara Chiappetta Fundamental Accounting Principles
Publisher:
McGraw-Hill Education
SEE MORE TEXTBOOKS