Is it a positive NPV decision for Pacific? Pacific Grove Spice Company Exhibit 1 - Income Statement
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Is it a positive NPV decision for Pacific?
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Pacific Grove Spice Company Exhibit 1 - Income Statement ($ in millions except for price per share) Income Statement Net Sales Cost of Goods Sold Gross Profit Margin R&D Expense SG&A Expense Earnings Before Interest & Taxes Interest Expense Earnings Before Income Taxes Income Taxes Net Income Growth rate of sale Income tax rate assumed Price/Earnings Ratio Market Value of Equity Common Shares Outstanding Price per share Note: 2012-2015 are projected data 06/30/07 06/30/08 06/30/09 06/30/10 06/30/11 06/30/12 06/30/13 06/30/14 06/30/15 $46.180 $53.107 $57.887 26.784 30.802 33.575 19.396 22.305 24.312 0.739 0.850 14.916 17.260 3.741 4.195 2.906 0.835 0.225 0.610 2.940 1.255 0.339 0.916 15.00% 0.926 1.088 18.871 21.902 4.515 5.237 2.668 1.847 $68.017 $80.940 $93.081 $105.182 $116.751 $127.259 39.790 47.512 54.452 61.531 68.300 74.447 28.227 33.428 38.629 43.650 48.452 52.813 0.499 1.348 2.423 2.814 0.760 2.054 9.00% 17.50% 1.295 1.489 1.683 26.063 29.321 33.132 6.070 7.819 8.835 2.817 3.253 0.879 2.374 19.00% 16.0 $37.990 1,165,327 $32.60 3.237 4.581 1.237 3.344 3.582 5.254 1.418 3.835 1.868 36.777 9.807 3.894 5.913 1.597 4.316 15.00% 13.00% 11.00% 27.00% 27.00% 27.00% 2.036 40.087 10.690 4.124 6.566 1.773 4.793 9.00% 27.00% Pacific Grove Spice Company Exhibit 1 - Income Statement ($ in millions except for price per share) Income Statement Net Sales Cost of Goods Sold Gross Profit Margin R&D Expense SG&A Expense Earnings Before Interest & Taxes Interest Expense Earnings Before Income Taxes Income Taxes Net Income Growth rate of sale Income tax rate assumed Price/Earnings Ratio Market Value of Equity Common Shares Outstanding Price per share Note: 2012-2015 are projected data 06/30/07 06/30/08 06/30/09 06/30/10 06/30/11 06/30/12 06/30/13 06/30/14 06/30/15 $46.180 $53.107 $57.887 26.784 30.802 33.575 19.396 22.305 24.312 0.739 0.850 14.916 17.260 3.741 4.195 2.906 0.835 0.225 0.610 2.940 1.255 0.339 0.916 15.00% 0.926 1.088 18.871 21.902 4.515 5.237 2.668 1.847 $68.017 $80.940 $93.081 $105.182 $116.751 $127.259 39.790 47.512 54.452 61.531 68.300 74.447 28.227 33.428 38.629 43.650 48.452 52.813 0.499 1.348 2.423 2.814 0.760 2.054 9.00% 17.50% 1.295 1.489 1.683 26.063 29.321 33.132 6.070 7.819 8.835 2.817 3.253 0.879 2.374 19.00% 16.0 $37.990 1,165,327 $32.60 3.237 4.581 1.237 3.344 3.582 5.254 1.418 3.835 1.868 36.777 9.807 3.894 5.913 1.597 4.316 15.00% 13.00% 11.00% 27.00% 27.00% 27.00% 2.036 40.087 10.690 4.124 6.566 1.773 4.793 9.00% 27.00%
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To calculate the projected market value of equity for Pacific Grove Spice Company we need to first estimate the net income for the projected years 201... View the full answer
Related Book For
Foundations of Finance The Logic and Practice of Financial Management
ISBN: 978-0132994873
8th edition
Authors: Arthur J. Keown, John D. Martin, J. William Petty
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