5. The Thibodeaux Crawfish Company wants to determine its value multiple. They are estimating a 3 year high-growth period with a starting sales level of $1,250, EBIT of $500, depreciation of $75, tax rate of 35%, and capitalinvested of $700. During the high-growth period, the firm will have a reinvestment rate of 65% and a cost of capital of 9.0%. After the high-growth period, the growth rate will be 3%. Mention the detailed formula in use, preferably using Excel File.

a) Using this information, determine the enterprise value for the company, as well as EV/EBITDA, EV/Cap investment and EV/Sales. b) What would the impact to the valuations if the tax rate were 40% and the reinvestment rate during the high-growth period was 70%?