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What is EBIT in 2023 for the firm? Enter your value in millions, with two decimal points and no dollar sign or comma. Part I:

image text in transcribedWhat is EBIT in 2023 for the firm? Enter your value in millions, with two decimal points and no dollar sign or comma.

Part I: Use the DCF Model to value common equity 1. Use growth rates to estimate sales, EBIT, NOPAT and FCF for next 6 years. > Calculate EBIT (9% of sales each year) Year Growth Rate Sales (in millions) EBIT (9% of sales) 518 564.6 (564.6 x.09)=50.82 609.8 2019 2020 | 2021 2022 2023 2024 2025 652.5 0.09 0.08 0.07 0.06 0.05 0.04 691.6 726.2 755.3

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