Lacoste will have sales of $$678$ million at the end of $2023.$ You anticipate that sales will grow at

$6\%$ for the next $4$ years. After that, sales will grow at a rate of $2\%$ per year indefinitely. EBIT is

$12\%$ of Sales, and increases in net working capital requirements to be $10\%$ of any increase in

sales. Lacoste currently has $$50$ million in cash, $$75$ million in debt, and $32$ million shares

outstanding. Lacoste has a tax rate of $21\%,$ and a cost of capital of $13\%.$

$2$A$.$ What is the estimated Enterprise Value of Lacoste at the start of $2024?$

$2$B$.$ What is the estimated price per share of Lacoste at the start of $2024?$

$2$C$.$ If the industry Enterprise Value$/$Revenue ratio is $12\mathrm{.}82,$ what is the estimated Enterprise

value of Lacoste using a comparable approach?