Suppose you were trying to value Box prior to its IPO using the free cash flow model. You estimate that Box has $34,000,000 of debt, no preferred stock, no short-term investments, and will not produce positve free cash flows until 5 years from now. You further estimate that Box has a weighted average cost of capital of 15% and will settle down to a constant growth rate of 5%. What is the MINIMUM FCF that Box would need to generate in year 5 to be valued at a $1 billion dollar market cap at its IPO today. For simplicity, assume that FCF in periods 1 through 4 are zero.

Xt year baldwin plans to include an additional performance bonus of 0.25% in its compensation plan. this incentive will be provided in addition to the annual raise, if productivity goals are reached. assuming the goals are reached, how much will baldwin pay its employees per hour?

Aquatic marine stores company manufactures special metallic materials and decorative fittings for luxury yachts that require highly skilled labor. aquatic uses standard costs to prepare its flexible budget. for the first quarter of the year, direct materials and direct labor standards for one of their popular products were as follows: direct materials: 3 pounds per unit; $ 6 per pound direct labor: 4 hours per unit; $ 19 per hour during the first quarter, aquatic produced 5 comma 000 units of this product. actual direct materials and direct labor costs were $ 65 comma 000 and $ 330 comma 000, respectively. for the purpose of preparing the flexible budget, calculate the total standard direct materials cost at a production volume of 5 comma 000 units.

Acompany's sales in year 1 were $300,000, year 2 were $351,000, and year 3 were $400,000. using year 2 as a base year, the sales percent for year 3 is