BiteDance Inc. has a weighted-average cost of capital (WACC) equal to 15% and is subject to...
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BiteDance Inc. has a weighted-average cost of capital (WACC) equal to 15% and is subject to a 20% corporate income tax rate. The company has a return on capital (ROC) equal to 10%, an after-tax operating margin of 40% and has a capital reinvestment rate of 50%. Based on the previous information please answer the following questions: EV EBIT, (a) (3 points) What is BiteDance Inc.'s forward ratio equal to? In case the equation does not show on your screen here is a text version of the same ratio: EV/EBIT1. EV (b) (3 points) What is BiteDance Inc.'s forward ratio equal to? In case the EBIT,(1-Tc) equation does not show on your screen here is a text version of the same ratio: EV/EBIT:(1-Tc). :) EV (c) (3 points) VWhat is BiteDance Inc.'s forward ratio equal to? In case the equation FCFF, does not show on your screen here is a text version of the same ratio: EV/FCFF1. EV (d) (3 points) What is BiteDance Inc.'s ratio equal to? In case the equation does not show Sales on your screen here is a text version of the same ratio: EV/Sales. EV (e) (3 points) What is BiteDance Inc.'s ratio equal to? In case the equation does not Capital show on your screen here is a text version of the same ratio: EV/Capital. BiteDance Inc. has a weighted-average cost of capital (WACC) equal to 15% and is subject to a 20% corporate income tax rate. The company has a return on capital (ROC) equal to 10%, an after-tax operating margin of 40% and has a capital reinvestment rate of 50%. Based on the previous information please answer the following questions: EV EBIT, (a) (3 points) What is BiteDance Inc.'s forward ratio equal to? In case the equation does not show on your screen here is a text version of the same ratio: EV/EBIT1. EV (b) (3 points) What is BiteDance Inc.'s forward ratio equal to? In case the EBIT,(1-Tc) equation does not show on your screen here is a text version of the same ratio: EV/EBIT:(1-Tc). :) EV (c) (3 points) VWhat is BiteDance Inc.'s forward ratio equal to? In case the equation FCFF, does not show on your screen here is a text version of the same ratio: EV/FCFF1. EV (d) (3 points) What is BiteDance Inc.'s ratio equal to? In case the equation does not show Sales on your screen here is a text version of the same ratio: EV/Sales. EV (e) (3 points) What is BiteDance Inc.'s ratio equal to? In case the equation does not Capital show on your screen here is a text version of the same ratio: EV/Capital.
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WACC 15 Tax rate 20 ROC 10 Aftertax Operating Margin 40 Reinvestment rate 50 Growth rate Reinvestmen... View the full answer
Related Book For
Applied Equity Analysis and Portfolio Management Tools to Analyze and Manage Your Stock Portfolio
ISBN: 978-1118630914
1st edition
Authors: Robert A.Weigand
Posted Date:
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