วันจันทร์ที่ 24 มกราคม พ.ศ. 2554

BM702 คำตอบรายบุคคลข้อ 2.8

ข้อ  2-8    

Qa. What is Bailey’s NOPAT for the year?
Aa.  NOPAT = EBIT(1-T)
                 = $4,000,000(1-0.4)
                 = $2,400,000
               
Qb. What is Bailey’s net cash flow for the year?
Ab. Net cash flow = Net income+ Depreciation and Amortization
                         = $1,500,000 +$3,000,000
                         = $4,500,000
Qc. What is Bailey’s operating cash flow for the year?
Ac. Operating cash flow = NOPAT+ Depreciation and Amortization
                                  = $2,400,000+$3,000,000
                                  = $5,400,000
Qd. What is Bailey’s free cash flow for the year?
Ad.   FCF = NOPAT – net Investment in operating capital
              = $2,400,000 – $1,300,000
              = $1,100,000
Qe.   What is Bailey’s EVA for the year?
Ae.  EVA = NOPAT – After-tax dollar cost of capital used to                 support operations.
                = $2,400,000 – $2,000,000
                = $ 400,000

Remark: $ ในโจทย์คือ Thousand dollar นั่นก็คือ 2 Billion จึงเป็น $2,000,000

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