Question
Anderson Company has the following information for 2009. Total sales - $783 million Accounts receivable (average) - $82 million Accounts payable (average) - $75 million
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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Fundamentals of Multinational Finance
Authors: Michael H. Moffett, Arthur I. Stonehill, David K. Eiteman
5th edition
205989756, 978-0205989751
