h. Determine the financial structure weights from ALMA.com's 2024 statement of financial position for the three interest-bearing debt components and the common equity.

i. Calculate ALMA.com's weighted average cost of capital (WACC)

j. Estimate ALMA.com's economic value added (EVA). Did ALMA.com expect to build or destroy economic value in 2024? [Hint: Consider whether ALMA.com is adding economic value in terms of its net operating profit after taxes (NOPAT)* and its weighted average cost of capital (WACC).

k. Alma.com investors have been approached by an outside investor who wants to invest $3.0M in the venture at the end of 2020. What percentage of ownership in the venture should ALMA.com investors give up to the outside investor for a $3.0M new investment? Alma.com financial analysts predict that Operating Cash Flows are expected to be $0.21M in 2021, $0.55M in 2022, $0.60M in 2023 and $0.76M in 2024. The analysts further predict that the company's cash flows are expected to grow at 1% annual rate indefinitely beyond 2024. [Hint: Use Projected Free Cash Flow].