Calculate the free cash flow for Hartline, Inc., based on the following information: EBIT is $6,100 Net

Fantastic news! We've Found the answer you've been seeking!

Question:

Calculate the free cash flow for Hartline, Inc., based on the following information:

EBIT is $6,100

Net operating profit after tax is $4,300

Net operating working capital is $100

Net operating long term assets is $7,200

The % cost of capital is 16%

The common stock price is $38

Related Book For answer-question

Applied Equity Analysis and Portfolio Management Tools to Analyze and Manage Your Stock Portfolio

ISBN: 978-1118630914

1st edition

Authors: Robert A.Weigand

See More Books

Posted Date: Jan 16, 2021 05:47 PM

See More Questions

Following are Cisco Systems sales, net operating profit after tax (NOPAT), and net operating assets (NOA) for its year ended July 31, 2016 ($ millions). Sales $49,247 Net operating profit after tax...
Calculate UTX's net operating profit after tax (NOPAT) for each year 2010-2012.
The expected annual free cash flow for the GPS tracker investment from is computed as follows: Construct a spreadsheet model to compute free cash flow that relies on the following assumptions or...
Swish Designs specialises in designing commercial office space in Auckland. The CEO, Ralph Polo has reviewed the financial results and has noticed that operating profits were below budget. He also...
Compute the maturity value for a $350 promissory note issued on October 30, 2015, at 4.5% for 90 days.
Panza Corporation has 60,000 shares of its $1 par value common stock outstanding. Prepare journal entries to record the following transactions as they relate to the companys common stock : July 17...
Redesign the VOCs adsorber of Example 9.15 for a breakthrough time of $4.0 \mathrm{~h}$. The pressure drop through the bed [calculated using the Ergun equation (2-95)] should not exceed \(1.0...
Lee Werner is general manager of Stoneybrook Salons. During 2016, Werner worked for the company all year at a $ 14,000 monthly salary. He also earned a year-end bonus equal to 15% of his annual...
The relational model representation of an EERD relationship with a cardinality of (M,M) must be represented with a relationship table. Explain why this is true.
Helix Corporation uses the weighted-average method in its process costing system. It produces prefabricated flooring in a series of steps carried out in production departments. All of the material...
The following are the demand and supply functions for three competing mobile phone models of different manufacturers. 92 - 20p, + 4pz + 4p3 41 = 24p, 60 + 4p, 32 12pz + 8p, 12p2 44 76 + 4p, + 8pP2 -...
(in thousands) Fraser Singh Travis Cash inflow (outflow) from operating activities $ 61,000 $ 53,000 $ (27,800) Cash inflow (outflow) from investing activities: Proceeds from sale of plant and...
3. It is mid-June 2021, and you are managing a portfolio of Japanese stocks that is benchmarked to the Nikkei 225 Index. You are concerned the Japanese stock market is heading for a downward...
How can you enhance my recommendation. To tackle this I propose lowering prices a bit: bakery items from $2.50 to $2.40, sandwiches from $3.25 to $3.20, and beverages $6.00 to $5.90. If we do this...
Develop audit criteria for undertaking an environmental audit of a manufacturer and supplier of fabrics to a company manufacturing clothes. Write 10-12 audit questions and state the required evidence...
Locate an administrative agency at the federal, state and local level. Provide a brief, one to two sentence, description of what the agency does.?
A home buyer bought a house for $245,000. The buyer paid 20 percent down but decided to finance closing costs of 3 percent of the mortgage amount. If the borrower took out a 30-year fixed-rate...
Should we separate the debt and equity features of convertible debt? Team 1: Pro separation: Present arguments in favor of separating the debt and equity features of convertible debt. Team 2: Against...
Explain which "levels" of investing Charles Ellis recommends in his papers "Levels of the Game" and "The Winner's Game."
A car dealership has quoted you a monthly payment of $375 for 60 months at an APR of 4.5%. How much are you trying to borrow?
Calculate the expected return and variance of a portfolio comprised of 30% Chevron, 50%Yum! Brands and 20% Johnson & Johnson.
The expected effect on market efficiency of opening a securities market to trading by foreigners would be to: A. Decrease market efficiency. B. Leave market efficiency unchanged. C. Increase market...
Suppose that a speculative-grade bond issuer announces, just before bond markets open, that it will default on an upcoming interest payment. In the announcement, the issuer confirms various reports...
1. An analyst estimates that a securitys intrinsic value is lower than its market value. The security appears to be: A. Undervalued. B. Fairly valued. C. Overvalued. 2. A market in which assets...

Calculate the free cash flow for Hartline, Inc., based on the following information: EBIT is $6,100 Net

Question:

Expert Answer:

ANS WER The free cash flow for Hart line Inc would be 4 300 ... View the full answer

Applied Equity Analysis and Portfolio Management Tools to Analyze and Manage Your Stock Portfolio

Students also viewed these finance questions