Where does MAYO Clinic operate? What is their market share? Is it increasing or decreasing? Who are their primary competitors? What have they said about their strategic plans for the future?
MazeRunner’s net income is reported as $1,300,000. The firm’s depreciation is $130,000. Assume the capital spending is $286,000 and the working capital of the firm increases by $91,000. What is the market value of equity if the FCFE is projected to grow at 5.7% indefinitely and the cost of equity is 17%? (Do not round intermediate calculations.)