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Calculate the continuation value of KMS using the following table, and assuming an EBITDA multiple of 8.5. (Click on the following icon in order
Calculate the continuation value of KMS using the following table, and assuming an EBITDA multiple of 8.5. (Click on the following icon in order to copy the contents of the table below into a spreadsheet.) EBITDA (000) 2019 $16,476 2020 $18,116 2021 $19,875 2022 $21,792 2023 $23,882 2024 $26,162 The Tax Cuts and Jobs Act of 2017 temporarily allows 100% bonus depreciation (effectively expensing capital expenditures). However, we will still include depreciation forecasting in this chapter and in these problems in anticipation of the return of standard depreciation practices during your career. The continuation value is $ thousand. (Round to the nearest integer.)
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