Estimating Share Value Using the ROPI Model Following are forecasted sales, NOPAT, and NOA for Colgate-Palmolive Company for 2019 through 2022. Forecast Horizon Period Colgate Palmolive (CL) Reported $ millions 2018 2019 2020 2021 2022 Sales $15,544 $16,010 $16,491 $16,985 $17,495 NOPAT 2,737 2,818 2,902 2,989 3,079 NOA 5,837 6,012 6,193 6,378 6,570 a. Forecast the terminal period values for Sales, NOPAT, and NOA, assuming a 1% terminal period growth rate. Note: Round answers to the nearest dollar. Terminal period sales Answer 0 Terminal period NOPAT Answer 0 Terminal period NOA Answer 0 b. Estimate the value of a share of Colgate-Palmolive common stock using the residual operating income (ROPI) model. Assume a discount rate (WACC) of 5.70%, common shares outstanding of 862.9 million, net nonoperating obligations (NNO) of $5,640 million, and noncontrolling interest (NCI) frombthe balance sheet of $299 million. Note: Round answers to two decimal places. $Answer 0
Answers: 2
Another question on Business
Business, 22.06.2019 06:50
On january 1, vermont corporation had 40,000 shares of $10 par value common stock issued and outstanding. all 40,000 shares has been issued in a prior period at $20.00 per share. on february 1, vermont purchased 3,750 shares of treasury stock for $24 per share and later sold the treasury shares for $21 per share on march 1. the journal entry to record the purchase of the treasury shares on february 1 would include a credit to treasury stock for $90,000 debit to treasury stock for $90,000 credit to a gain account for $112,500 debit to a loss account for $112,500
Answers: 3
Business, 22.06.2019 07:50
The questions of economics address which of the following ? check all that apply
Answers: 3
Business, 22.06.2019 21:00
Describe what fixed costs and marginal costs mean to a company.
Answers: 1
Business, 22.06.2019 23:00
You cannot make copies of media, even as a personal backup, without violating copyright. true
Answers: 3
You know the right answer?
Estimating Share Value Using the ROPI Model Following are forecasted sales, NOPAT, and NOA for Colga...
Questions
Law, 20.04.2021 20:40
Computers and Technology, 20.04.2021 20:40
History, 20.04.2021 20:40
Mathematics, 20.04.2021 20:40
Mathematics, 20.04.2021 20:40
Mathematics, 20.04.2021 20:40
Mathematics, 20.04.2021 20:40
Advanced Placement (AP), 20.04.2021 20:40
Physics, 20.04.2021 20:40
Mathematics, 20.04.2021 20:40
Mathematics, 20.04.2021 20:40
