Answer C and D please

GLOBAL PRODUCTS CORPORATION FORECAST 2011 $ 60,000 2010 $ 50,000 200,000 450,000 700,000 300,000 $1,000,000 140,000 50,000 80,000 270,000 400,000 50,000 200,000 80,000 $1,000,000 $1,300,000 780,000 520,000 130,000 150,000 40,000 200,000 45,000 155,000 62,000 $ 93,000 290,000 Cash Accounts receivable Inventories 920,000 380,000 $1,300,000 180,000 70,000 90,000 340,000 550,000 50,000 200,000 160,000 $1,300,000 $1,600,000 960,000 640,000 160,000 150,000 55,000 275,000 55,000 Total current assets Fixed assets net Total assets Accounts payable Accruals Bank loan Total current liabilities Long-term debt Common stock ($1 par value) Capital surplus Retained earnings Total liabilities and equity Net sales Cost of goods sold Gross profit Marketing General and administrative Depreciation Earnings before interest and taxes Earnings before taxes Net income Interest 220,000 Income taxes (40% rate) 88,000 $ 132,000 Delel casl. required only includes account cash the A. Assume that B. Now assume that Global Products' required cash is set at 3 percent of sales. Any amount of equity valuation cash flow for 2011. additional cash would be surplus cash. Re-estimate the dollar amount of equity valuation cash flow for 2011. C. Let's assume that investors in Global Products want to estimate the venture's present value at the end of 2010. Forecasted financial statements reflect the stepping-stone year. Cash flows are expected to grow at a perpetual 8 percent annual rate beginning in 2012. Assume that all cash is required cash as was done in Part A. What is Global Products' present value if investors want an an- nual rate of return of 25 percent? D. Work with the assumptions in Part B about Global Products' required cash being 3 percent of sales. Calculate the present value of the Global Products venturea end of 2010 if investors want an annual rate of return of 25 percent flows are expected to grow at a perpetual 8 percent annual rate begini 2012 and cash