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Calculate the value of share of company by using the cash based method. Year 2015 Sales 120000 2016 2017 2018 135000 2019 155000 2020 167000

Calculate the value of share of company by using the cash based method.

Year 2015 Sales 120000 2016 2017 2018 135000 2019 155000 2020 167000 125000 130000 EBIT 31000 38000 44000 52000 60000 65000 Dep Exp 480 480 480 480 480 480 Debt equity Ratio is 34:66. Value of debt is 690,000 Cost of equity is 18% and Cost of Debt is 10% Working Capital is 5% of Sales and Tax rate is 30% Number of share are 12000. Cap Exp 300 400 450 450 500 550

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