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Calculate the enterprise value for the below company. Assume cash flows fall at the end of the year. Year Current 1 2 3 4 5
Calculate the enterprise value for the below company.
Assume cash flows fall at the end of the year.
Year | Current | 1 | 2 | 3 | 4 | 5 |
Sales | 244.7 | 261.8 | 314.0 | 326.3 | 338.5 | |
Costs | 24.5 | 60.0 | 95.4 | 97.9 | 102.0 | |
Operating profit | 220.2 | 201.9 | 218.6 | 228.4 | 236.5 | |
Interest expense | 9.0 | 9.4 | 9.8 | 10.6 | 11.4 | |
Tax expense | 12.2 | 12.6 | 13.1 | 17.9 | 18.8 | |
Cash and cash equivalents | 697.8 | 714.5 | 802.7 | 901.7 | 897.2 | 938.0 |
Short term operating assets | 25.5 | 27.7 | 31.2 | 35.0 | 35.9 | 40.0 |
Long term operating assets | 786.2 | 805.1 | 822.8 | 934.4 | 1,027.9 | 1,130.7 |
Short term operating liabilities | 186.4 | 190.9 | 199.4 | 209.4 | 230.3 | 253.3 |
Debt | 798.1 | 817.3 | 918.1 | 1,031.4 | 1,111.5 | 1,187.7 |
Equity | 524.9 | 539.2 | 605.7 | 680.4 | 685.2 | 687.6 |
Effective Tax Rate | 35.0% | 35.0% | 35.0% | 35.0% | 35.0% | 35.0% |
Long term growth rate | 2.0% | |||||
WACC | 7.5% |
Select one:
1,257.8
1,723.3
2,850.0
903.2
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