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[Enterprise Valuation Cash Flows] Find the enterprise valuation cash flow expected for the current year given the following information: Capital expenditures (CAPEX) = $150,000 Depreciation

[Enterprise Valuation Cash Flows] Find the enterprise valuation cash flow expected for the current year given the following information:

Capital expenditures (CAPEX) = $150,000

Depreciation and amortization expenses = $40,000

Earnings before interest and taxes (EBIT) = $400,000

Effective income tax rate = 30%

Last year Current Year
Required Cash $50,000 $75,000
Surplus Cash 20,000 40,000
Accounts receivable 200,000 250,000
Inventories 300,000 360,000
Accounts payable 100,000 120,000
Accrued liabilities 40,000 50,000
Bank loan (short-term) 90,000 110,000

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