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Eberhart Manufacturing has projected sales of $145.6 million next year. Costs are expected to be $81.3 million and net investment is expected to be $15.3
Eberhart Manufacturing has projected sales of $145.6 million next year. Costs are expected to be $81.3 million and net investment is expected to be $15.3 million. Each of these values is expected to grow at 16 percent the following year, with the growth rate declining by 2 percent per year until the growth rate reaches 8 percent, where it is expected to remain indefinitely. There are 5.8 million shares of stock outstanding and investors require a return of 15 percent return on the company
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