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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 and the value of Anderson based on its operations.

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