Question
Swamp & Sand Industries has the following data. If WACC is 12% and the terminal growth rate in free cash flows is 2%, calculate its
Swamp & Sand Industries has the following data. If WACC is 12% and the terminal growth rate in free cash flows is 2%, calculate its enterprise value using the DCF method. Round your answer to the nearest dollar.
|
| 2011 | 2012 | 2013 |
| FCF | 114 | 124 | 139 |
| Depreciation | 91 | 97 | 100 |
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Cornerstones Of Financial Accounting
Authors: Jay Rich, Jeff Jones, Maryanne Mowen, Don Hansen
2nd Edition
0538473452, 9780538473453
