=2. The operating details for Spalton plc are as follows: permanent working capital equal to 25% of
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=2. The operating details for Spalton plc are as follows:
permanent working capital equal to 25% of sales;
sales rise from 100 million in year 1 to 120 million in year 2;
EBITDA rises to 15% of sales in year 2.
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Related Book For
Corporate Finance Theory And Practice
ISBN: 9781119424482
5th Edition
Authors: Pierre Vernimmen, Pascal Quiry, Maurizio Dallocchio, Yann Le Fur, Antonio Salvi
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