Pages • 1
Accounting Essay Preview: Accounting Report this essay Ans. 3 Value of a firm without debt = 1.2 million / 11% Cash flow 1,200,000 Value of a firm without debt = 10,909,091 Ratio 2,000,000 17.23% Equity 9,609,091 82.77% Value of a firm with debt = 10,909,091 + ( 2,000,000 * 0.35 ) Value of a firm.