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How do create a scenario analyses using excel? Chang Dental Clinic Valuation Dollar amounts in $1,000s 2005 2006 2007 2008 2009 2010 2011 2012 2013

How do create a scenario analyses using excel?

Chang Dental Clinic Valuation Dollar amounts in $1,000s 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 0 1 2 3 4 5 6 7 8 9 10 S(1-t) 669.9 729.2 761.5 784.4 807.9 832.1 857.1 882.8 909.3 936.6 vS(1-t) -206.9 -225.2 -235.2 -242.2 -249.5 -257.0 -264.7 -272.6 -280.8 -289.2 F(1-t) -265.4 -273.3 -281.5 -290.0 -298.7 -307.6 -316.9 -326.4 -336.2 -346.3 Dt 3.5 3.6 3.7 3.9 4.0 4.1 4.2 4.3 4.5 4.6 Dwc -4.4 -2.4 -1.7 -1.7 -1.8 -1.9 -1.9 -2.0 -2.0 -2.1 C [replacement] -11.8 -12.1 -12.5 -12.9 -13.2 -13.6 -14.1 -14.5 -14.9 -15.4 C [expansion] -1.9 -1.0 -0.7 -0.7 -0.8 -0.8 -0.8 -0.8 -0.9 -0.9 Continuing Value 2466.6 Net result oper CF 0.0 183.1 218.8 233.7 240.7 247.9 255.3 263.0 270.9 279.0 2754.0 PV factor @ 15.00% 1.000 0.870 0.756 0.658 0.572 0.497 0.432 0.376 0.327 0.284 0.247 PVs 0.0 159.3 165.4 153.6 137.6 123.2 110.4 98.9 88.5 79.3 680.7 Value 1797.0 Debt 0.0 Leases 387.0 Equity 1410.0 t 0.30 v 0.309 F 368.1 Creplace. 11.4 w 0.052 c 0.021909584 GROWTH 0.177 0.089 0.044 0.030 0.030 0.030 0.030 0.030 0.030 0.030 0.030 INFLATOR 0.030 0.030 0.030 0.030 0.030 0.030 0.030 0.030 0.030 0.030 0.030 SALES 813.0 957.0 1041.8 1087.9 1120.5 1154.2 1188.8 1224.4 1261.2 1299.0 1338.0 Base_Case: Buyer's Assumptions; tradtional analysis [1] use 10 years on basis of loan life and equipment life [2] half of previous year's growth rate until normalization [3] historical cost of Associates Service of Financing Beginning debt 320.0 288.0 256.0 224.0 192.0 160.0 128.0 96.0 64.0 32.0 0.0 Interest payments 19.2 17.3 15.4 13.4 11.5 9.6 7.7 5.8 3.8 1.9 Principal payments 32.0 32.0 32.0 32.0 32.0 32.0 32.0 32.0 32.0 32.0 Other bank charges 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 Lease payments 52.6 54.2 55.8 57.5 59.2 61.0 62.8 64.7 66.6 68.6 Total service 103.8 103.4 103.1 102.9 102.7 102.6 102.5 102.4 102.5 102.5 Tax shields 21.5 21.4 21.3 21.3 21.2 21.2 21.1 21.1 21.1 21.2 Operating cash flow 183.1 218.8 233.7 240.7 247.9 255.3 263.0 270.9 279.0 287.4

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