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A potential target (JNGW, Inc.) has sales of $460,000, depreciation of $27,000, and net working capital of $56,000. The firm has a tax rate of 21 percent and a profit margin of 6 percent. The firm has no interest expense. What is the amount of the operating cash flow for JNGW, Inc.?  

Bella’s Bone World, Inc. has total revenue of $6,000, depreciation of $720, selling and administrative expenses of $554, interest expense of $162, dividends of $75, cost of goods sold of $2,354.  The company is in the 21% tax bracket. What is the operating cash flow?  

If the company increases their inventory, this is a _________ of cash. If the company decreases their accounts payable, this is a ____________ of cash.

Laughlin’s Locks (LLL), Inc. has the following financial estimates.  Calculate the free cashflow for LLL.   ($ in millions) Sales                                                                                   $920 Depreciation & Amortization % of sales                            5% EBITDA Margin                                                                  15% Increase/(decrease) in Net Working Capital                    13 Capital Expenditures % of sales                                        2.5% Tax Rate                                                                               25%  

Irvine Optical Supplies, Inc. (IOS) has provided you with the following information:   ($ in millions) EBIT                                                                        $200 Depreciation & Amortization                               $ 47 Increase/(decrease) in Net Working Capital        $22 Capital Expenditures                                             $28 Tax Rate                                                                  21%   Calculate the FCF for IOS:  

Several weaknesses of the DCF model were identified in the text. Which of the following is considered a weakness of the DCF?  

The projection period may vary based on specifics of the target company. From the list below, identify which of the following factors may help determine the length of the projection period:   The Sector of the target company The predictability of the FCF’s The maturity of the target business The business model of the target company    

The measure of beta associates most closely with:

A 61 year old male presents with severe pain in the lower thoracic and upper lumbar spine region. He reports it is getting progressively worse and describes the pain as knife-like. The pain is mostly unchanged with trunk movement or rest, but it tends to feel worse in supine. Relevant PMH includes hypothyroidism, hypertension, hypercholesterolemia, depression, and a 40 year history of smoking 1 pack/day. Which of the following is the most likely cause of his pain:

In adults, which of these diagnoses is commonly associated with thoracic spine pain?