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Please show work Toronto Beverage Company is about to receive $10,000,000 in new investment from Thomas Suds, a local investor. Toronto Beverage Company estimates that

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Toronto Beverage Company is about to receive $10,000,000 in new investment from Thomas Suds, a local investor. Toronto Beverage Company estimates that its company is currently worth (before accepting the investment from Thomas) $45,000,000. The company's tax rate is 31% and last year Toronto Beverage Company recorded $100,000,000 in sales and $11,000,000 in profit. Calculate Toronto Beverage Company's pre-money valuation (before it receives the investment from Thomas). $45,000,000 $55,000,000 $100,000,000 $145,000,000

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