Question: Please provide the correct answer for question 11 with work. Thank you 10. What is your value per share of Comet using a forward P/E

Please provide the correct answer for question 11 with work. Thank you

Please provide the correct answer for question 11 with work. Thank you

10. What is your value per share of Comet using a forward P/E of 12 and its sustainable growth rate? TTM Annual Sales EBIT Net Income Earnings retention Book Value of Equity $200,000 $120,000 $100,000 60% $500,000 CGS EBITDA Outstanding Shares Value of Equity Price per share $ 80,000 $140,000 5,000 $1,400,000 $280 Is the market over or under valuing Comet shares? 11. Cranium has $100,000 in cash, income of +40,000 and CFI of -$30,000 annually. Year 0 Accounts Receivables in Days 150 Inventory Turnover in Days 10 Accounts Payable in Days 40 CFI -$30,000 What is your opinion of Cranium's cash needs as they grow sales? Is operations a user of cash a cash generator

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!