Question
Anderson Company has the following information for 2009. Total sales $783 million Accounts receivable (average) $82 million Accounts payable (average) $75 million Inventory (average) $100
Anderson Company has the following information for 2009.
| Total sales | $783 million |
| Accounts receivable (average) | $82 million |
| Accounts payable (average) | $75 million |
| Inventory (average) | $100 Million |
| Cost of Goods Sold | $616 million |
| Cost of Capital | 11% |
| Income Tax Rate | 32% |
Find the NPV of one cycle of the company. Find the value of Anderson based on its operations.
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The Business Credit Handbook
Authors: Mr. Reid A. Nunn
1st Edition
1500542725, 978-1500542726
