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Victoria Enterprises expects earnings before interest and taxes (EBIT) next year of $ 1.4 million. Its depreciation and capital expenditures will both be $ 291,000
Victoria Enterprises expects earnings before interest and taxes (EBIT) next year of
$ 1.4 million. Its depreciation and capital expenditures will both be
$ 291,000 and it expects its capital expenditures to always equal its depreciation. Its working capital will increase by $51,000
over the next year. Its tax rate is 30 %
If its WACC is11 %and its FCFs are expected to increase at 6 %per year in perpetuity, what is its enterprise value?
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