1. Sonic Master Supplies Inc., will invest P30,000 every year from 2012 to 2016.

2. Weighted Average Cost of Capital is at 10 %

3. Free cash flow will grow at 2% every year after the horizon year.

4. Terminal year is year 2016. Requirements :

a) What is the free cash flows of the firm for 2012?

b) What is the free cash flows of the firm for 2013?

c) What is the free cash flows of the firm for 2014?

d) What is the free cash flows of the firm for 2015?

Please I have only 1 hr to solve it and I need the solution with two decimals

Mr. Philip Kotler is selling his firm, Sonic Master Supplies Inc. to Mr. Lawrence Gitman. Mr. Kotler's selling price is at P1,500,000. Mr. Gitman asked you to help him compute for the fair market value of Sonic Master Supplies Inc. the data are given below: Values in this table are in thousand pesos. 2012 2013 2014 Net Sales P 369 P 368 P 366 OPEX 100 100 100 EBITDA 269 268 266 Depreciation 169 170 170 EBIT 100 98 96 Interest exp. 20 20 EBT 80 78 76 Tax @ 40% 32 31.2 30.4 Net Income P 48 P 46.8 P 45.6 2015 P 355 100 255 160 95 2016 P 345 100 245 150 95 20 75 30 P 45 75 30 P 45