IT IS URGENT

Write the procedure and formulas. no excel answer

5) Your research shows that Machines Inc. has 125,000 in short-term investments, and 22,000 shares outstanding. Further, the company has $225,000 in debt and $75,000 in preferred stock. Further, you determined the value of operations to be $500,000.

a) (7 Points) Determine the total estimated intrinsic value. Write out your equation(s) clearly and show your input(s).

b) (7 Points) Determine the estimated intrinsic value of equity. Write out your equation(s) clearly and show your input(s).

c) (6 Points) Determine the estimated intrinsic stock price. Write out your equation(s) clearly and show your input(s).

Clearly label your findings (e.g., xyz ratio = ..) and designate which part of the question you are answering (if there are multiple parts). Write out your equations clearly. Show your work by typing it in Canvas. Answers (whether correct or incorrect) without work shown will receive zero points. Simply typing your work will suffice. (e.g., x = y + 2z). No need to use mathematical functions in Canvas.

Leave four decimal places in intermediate steps. Leave two decimal places for the final answer.