Two companies are seeking funds to help grow their business and they have made the following offers. Discuss your views on their valuation. Companies in this industry are typically valued at $6$ times annual earnings. Support your position with the appropriate calculations. Assume that earnings will continue to be proportional to sales.

$$ Hilltop Products: A food products business that currently generates $$250,000$ in annual sales and generates a profit of $$50,000.$ They believe they can increase their sales by $35\%$ in each of the next two years. In order to accomplish this goal, they would like to obtain $$230,000$ in exchange for $25\%$ of their company.

$$ True Blue Clothing: A clothing business that currently generates $$200,000$ in annual sales and generates a profit of $$60,000.$ They believe they can increase their sales by $12\%$ in each of the next two years. In order to accomplish this goal, they would like to obtain $$105,000$ in exchange for $30\%$ of their company