Roybus, inc., a manufacturer of flash memory, just reported that its main production facility in taiwan was destroyed in a fire.
although the plant was fully insured, the loss of production will decrease roybus’s free cash flow by $180 million at the end of this year and by $60 million at the end of next year.

a. if roybus has 35 million shares outstanding and a weighted average cost of capital of 13%, what change in roybus’s stock price would you expect upon this announce- ment? (assume the value of roybus’s debt is not affected by the event.)

b. would you expect to be able to sell roybus stock on hearing this announcement and make a profit? explain.

Anheuser-busch inbev is considering you for an entry-level brand management position. you have been asked to prepare an analysis of the u.s. craft beer industry as part of the selection process. prepare a 3-5 page report that includes a description of the industry’s strategically relevant macro-environmental components, evaluates competition in the industry, assesses drivers of change and industry dynamics, and lists industry key success factors. the company’s management also asks that you propose the basic elements of a strategic action plan that will allow the company to improve its competitive position in the market for craft beer. you must provide a heading in your report for each of the required elements of the assignment.