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Calculate the WACC WACC = Cost of Equity x Equity% + Cost of Debt x Debt% - (1 - Tax Rate) Figure I ($ Millions)

Calculate the WACC

WACC = Cost of Equity x Equity% + Cost of Debt x Debt% - (1 - Tax Rate)

Figure I

($ Millions)

2018

2019

2020

Current Assets

Cash

42.62

27.46

146.73

Receivables

5.0

5.37

5.76

Prepaid Expenses

0.55

0.45

1.37

Inventories

50.20

75.85

112.88

Investments

0.57

0.38

0.00

NCA Held Sale

0.00

0.00

0.00

Other

0.11

0.03

0.03

Total Current Assets

99.04

109.54

266.77

Current Liabilities

Account Payable

45.36

51.73

82.87

Long Term Debt

0.00

0.56

1.99

Provisions

4.71

5.36

9.74

NCL Held Sale

0.00

0.00

0.00

Other

7.32

7.73

20.39

Total Current Liabilities

57.39

65.38

114.99

Figure II

($ Millions)

2018

2019

2020

Total Debt

58.10

67.42

116.02

Total Assets

105.98

118.40

280.04

Long Term Debt

0.00

0.69

0.45

Total Equity

47.88

50.98

164.02

Figure III

($ Millions)

2018

2019

2020

Total Sales

389.88

418.12

461.25

Net Income

14.11

17.20

26.82

Gross Profit

21.01

23.40

38.85

Total Assets

105.98

118.40

280.04

Total Equity

47.88

50.98

164.02

Total Earnings

413.61

438.70

497.90

Outstanding Shares

93.47

93.73

103.53

Dividends

0.00

0.00

0.00

Figure IV

$ Million

2018

2019

2020

Sales

389.88

418.12

461.25

Average Total Assets

93.15

112.19

199.22

Average Account Receivables

3.525

5.185

5.565

Average Accounts Payable

36.93

48.55

67.3

Cost of Goods Sold

331.732

348.01

371.4

Average Inventory

44.97

63.03

94.37

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