Venture Coast LLC is looking to acquire a new company. Below are the financials for a potential candidate. Find out the following to determine if Venture Coast should invest. Revenue forecast is as follows: Y$1$: $$600,000$; Y$2$: $$625,000$; Y$3$: $$550,000.$

$1.$ Determine the company valuation for each of the next three years

a$.$ Assume the net earnings, all assets, all liabilities and equity will grow at the same average growth as sales.

b$.$ The price per share is $$1$ and it is forecasted to stay the same

c$.$ There are $500,000$ outstanding shares

d$.$ Venture Coast has a minimum requirement of $10\%$ return on any investment they do

e$.$ Venture Coast has a maximum budget of $$1\mathrm{.}6$ million

Income Statement

For the year ending December $31,2017$

Sales $$500,000$

$$ Cost of goods sold $350,000$

Gross profit $150,000$

$$ Operating expenses $$75,000$

$$ Depreciation $20,000$

EBIT $55,000$

$$ Interest expense $20,000$

EBT $35,000$

$$ Tax Expense $12,250$

EAT $$22,750$

$$ Dividends $10,000$

Retained earnings $$12,750$

Balance Sheet

December $31,2017$

Cash $ $25,000$ Short$-$term liabilities $60,000$

Marketable securities $10,000$ Mid$-$term liabilities $35,000$

Accounts receivable $50,000$ Long$-$term liabilities $140,000$

Inventories $85,000$ Common Equity $135,000$

Plant, net $200,000\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_$

TOTAL ASSETS $$370,000$ Total L $+$ E $$370,000$

You will need to submit the following:

Your calculations with answers$/$results$.$ Show me the math, not just the answer!

You valuation analysis, how did you determine this data and your final answer. Feel free to use charts, graphs, examples.