Grumer Inc. has the following data from its financial statements. year 1 2 3 4 5 Sales 200000.000 208000.000 216320.000 224972.800 233971.712 Cost of goods sold 20000.000 20800.000 21632.000 22497.280 23397.171 Gross Profit 187200.000 194688.000 202475.520 210574.541 Depreciation 6000.000 6000.000 6000.000 180000.000 6000.000 174000.000 60900.000 EBIT 6000.000 188688.000 66040.800 196475.520 181200.000 63420.000 204574.541 Taxes 68766.432 71601.089 After-tax Net Income 113100.000 117780.000 122647.200 127709.088 132973.452 Increase in Net Working Capital 10000.000 10400.000 10816.000 11248.640 11698.586 a. If the company's cost of capital is 12% and the growth rate of the free cash flows after year 5 is 2%, calculate the enterprise value (VO). Enterprise Value (Vo) = $ Round your answer to two decimal places. b. The company has $10,000 cash and no debt. The shares outstanding are 100,000. What is the stock price? The share price (PO) is $ Round your answer to two decimal places. Grumer Inc. has the following data from its financial statements. year 1 2 3 4 5 Sales 200000.000 208000.000 216320.000 224972.800 233971.712 Cost of goods sold 20000.000 20800.000 21632.000 22497.280 23397.171 Gross Profit 187200.000 194688.000 202475.520 210574.541 Depreciation 6000.000 6000.000 6000.000 180000.000 6000.000 174000.000 60900.000 EBIT 6000.000 188688.000 66040.800 196475.520 181200.000 63420.000 204574.541 Taxes 68766.432 71601.089 After-tax Net Income 113100.000 117780.000 122647.200 127709.088 132973.452 Increase in Net Working Capital 10000.000 10400.000 10816.000 11248.640 11698.586 a. If the company's cost of capital is 12% and the growth rate of the free cash flows after year 5 is 2%, calculate the enterprise value (VO). Enterprise Value (Vo) = $ Round your answer to two decimal places. b. The company has $10,000 cash and no debt. The shares outstanding are 100,000. What is the stock price? The share price (PO) is $ Round your answer to two decimal places