Capital Item Tax Rate Venture demand loan Term loan payable Refinance term loan Mortgage payable Share capital Retained earnings Total Net Assets Debt as % of Total Net Assets Equity as % of Total Net Assets Magic Crop Ltd. Growth Plan - Target Financing and WACC Target Weighted Average Cost of Capital $ Value Targets End of five years forecast 9,000,000 30,000,000 7,500,000 15,500,000 38,000,000 36,000,000 136,000,000 As Is Weighted Average 0% Range 45 55% Range 55 45% Pre-Tax After-Tax Return Return Pre-tax X tax rate) Weighted Component (1- Weighted Average X After Tax Return 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% Note: The Capital Base outlined above includes the working capital balance of the business - which is the net balance of current assets minus current liabilities 0.00% 0.00% 0.00% Round Up Cell G17 to nearest .5% 0.00%