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#5 Consider recent financials for Ellie's Essentials LLC: Balance Sheet unanswered not submitted 2020 2019 Attempts Remaining: Infinity Current Assets $11,170.00 $10,000.00 Net PPE $31,000.00 $30,000.00 Total Assets $42,170.00 $40,000.00 Current Liabilities $8.960.00 $8.000.00 Long-term debt $13,888.00 $12,000.00 Total Liabilities $22,848.00 $20,000.00 Shareholder Equity $19,322.00 $20.000.00 Liabilities and Equity $42,170.00 $40,000.00 Income Statement 2020 2019 SALES $11,000.00 $10,000.00 COGS $4,400.00 $4,000.00 GROSS PROFIT $6,600.00 $6,000.00 S&A $1,100.00 $1,000.00 Depreciation $550.00 $500.00 EBIT $4,950.00 $4,500.00 INTEREST $1.272.00 $1,200.00 EBT $3,678.00 $3,300.00 TAXES (37.00%) $1,360.86 $1,221.00 NET INCOME $2,317.14 $2,079.00 Going forward, analysts have forecasted the following free cash flows: $2,450.00 in 2021, and $2,600.00 in 2022. After that point, analysts expect free cash flows to grow at 4.00%. 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%. Find the free cash flow for the firm in 2020. Submit Answer format: Currency: Round to: 2 decimal places. Estimate the firm's price per share using the discounted cash flow model. You are trying to estimate the value of Doc McRuffins Incorporated. It is a rival firm to Ellie's Essentials, but not publicly traded. You do know that Doc McRuffins has an EBITDA of $4,750 for 2020. Using multiples, what is a rough estimate for the enterprise value of Doc McRuffins #5 Consider recent financials for Ellie's Essentials LLC: Balance Sheet unanswered not submitted 2020 2019 Attempts Remaining: Infinity Current Assets $11,170.00 $10,000.00 Net PPE $31,000.00 $30,000.00 Total Assets $42,170.00 $40,000.00 Current Liabilities $8.960.00 $8.000.00 Long-term debt $13,888.00 $12,000.00 Total Liabilities $22,848.00 $20,000.00 Shareholder Equity $19,322.00 $20.000.00 Liabilities and Equity $42,170.00 $40,000.00 Income Statement 2020 2019 SALES $11,000.00 $10,000.00 COGS $4,400.00 $4,000.00 GROSS PROFIT $6,600.00 $6,000.00 S&A $1,100.00 $1,000.00 Depreciation $550.00 $500.00 EBIT $4,950.00 $4,500.00 INTEREST $1.272.00 $1,200.00 EBT $3,678.00 $3,300.00 TAXES (37.00%) $1,360.86 $1,221.00 NET INCOME $2,317.14 $2,079.00 Going forward, analysts have forecasted the following free cash flows: $2,450.00 in 2021, and $2,600.00 in 2022. After that point, analysts expect free cash flows to grow at 4.00%. 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%. Find the free cash flow for the firm in 2020. Submit Answer format: Currency: Round to: 2 decimal places. Estimate the firm's price per share using the discounted cash flow model. You are trying to estimate the value of Doc McRuffins Incorporated. It is a rival firm to Ellie's Essentials, but not publicly traded. You do know that Doc McRuffins has an EBITDA of $4,750 for 2020. Using multiples, what is a rough estimate for the enterprise value of Doc McRuffins