Cengage ㄨ : CengageNOWv2 ㅣ O × exhibit-6-11.jpg (74 × Q Accounting Midtern × b My Questions | bart × I 0416( × + box- saania ← → С â https://v2.cengagenow.com/rn/takeAssignment takeAssignmentMain doinvoker-assignments&takeAssignmentSessionLocator-assignment take&n ☆ Ch 6-3 Exercises & Problems eBook Show Me Hovw Calculator Print Itemm On March 31, 2019, the balances of the accounts appearing in the ledger of Racine Furnishings Company, a furniture wholesaler, are as follows: Accumulated Depreciation-Building Administrative Expenses Building Cash Cost of Merchandise Sold Interest Expense Kathy Melman, Capital Kathy Melman, Drawing a. Prepare a multiple-step income statement for the year ended March 31, 2019 $757,100 551,400 2,426,500 177,450 3,719,200 10,150 1,512,500 170,000 Merchandise Inventory Notes Payable Office Supplies Salaries Payable Sales Selling Expenses Store Supplies $1,001,650 243,400 20,100 8,050 6,696,700 749,700 89,300 Racine Furnishings Company Income Statement For the Year Ended March 31, 2019 Cash x Cost of merchandise sold Gross profit Expenses: 177,450 X 3,719,200 3,541,750 | X Selling expenses 749,700 V Administrative expenses551,400 Total expenses 1,301,100V Loss from operations x 4,842,850 | X Other expense Interest 10,150 Net loss x 4,853,000 | X Check My Work 1 more Check My Work uses remaining Previous Next Assignment Score: 25.07% All work saved Email InstructorSave and Exit Submit Assignment for Grading

This is an individual assignment. Everyone needs to work on the firm that your team chooses [prefer simple business] for your industry analysis. Follow my class video, do the following: 1. compute your company's free cash flow for the past 3 years. This requires you to compute each of the components in the FCF. Compare your FCF for the most recent year to that reported from the barchart website. Are you close? Explain why you cannot get close to it. Note for MSFT that I did in class, deferred tax is a big deal, it may not be a problem for you. NOPAT = EBIT - tax. Either find the line for tax, or do tax = EBT-NI. Also check their cash flow statement and that should give you a clue of what to include. 2. do a free cash flow model to value your stock for next year. Is your price close to the current stock price? If not, what could be the reason? 3. do a sensitivity table by varying terminal growth g and the WACC. Upload your excel file with a sheet explaining your results. Always…

You have been assigned to check the valuation of InfoSystems, a software firm, done by a colleague of you. Infosystems has an expected life 5 years, constant cash flows over this period, and zero salvage value. The income statement of the Infosystems is given as follows: Revenues - Operating Expenses EBIT - Interest expenses Taxable Income - Taxes Net Income Years 1-5 €1,000 €550 €450 €85 €365 €146 €219 Infosystems has no capital expenditures, depreciation or working capital needs, i.e. the earnings are the cash flows to the firm. The cost of capital is 10% i. Estimate the value of Infosystems. ii. Assume that the value derived in (i) is the one also estimated by your colleague. How would you change your calculations if you are given that the cash flows are real cash flows and the cost of capital is the nominal cost of capital. The expected inflation rate is 2% annually. Comment on your answer.

can you describe detailed steps (all the keys to press) to calculate this in a ba -ii plus Texas instrument financial calculator? the answer will be 39.28 only I want to know which keys to press to get that answer as I have never used a financial calculator.