Valuations / /Free Cash Flow

It is the end of 2017 and you are asked to value the XYZ corp. You have the following financials for this firm.

Please see Table1

2017 2018 2019 2020 Income Statement Sales 1,500,000 2,000,100 2,400,000 COGS 1,200,000 1,600,080 1,920,000 Other Expenses (includes dep). 150,000 200,010 240,000 EBIT 150,000 200,010 240,000 Interest Expense 100,000 100,000 100,000 EBT 50,000 100,010 140,000 Tax 17,500 35,004 49,000 Net Income 32,500 65,007 91,000 Selected items of the balance sheet NetPPE 80,000 100,000 133,340 160,000 AR 100,000 123,288 164,392 197,260 AP 120,000 147,945 197,270 236,712