will downvote if wrong.

You have been asked to value Revox Inc., a cement company. The company reported $ $5$ million in after$-$tax operating income on revenues of $ $100$ million in the most recent year. It expects revenues to grow $20\%$ next year as the economy comes out of the recession and the after$-$tax operating margin to improve to $10\%.$ The firm expects capital expenditures of $ $10$ million and depreciation of $ $4$ million next year; there are no working capital requirements. After next year, the expected growth in operating income is $4\%$ forever and the firm expects to maintain a return

on invested capital of $12\%$ in perpetuity. If the cost of capital is $10\%,$ estimate the value of Revox Inc. today.

A$.$ $ $152\mathrm{.}21$ million

B$.$ $ $144\mathrm{.}35$ million

C$.$ $ $131\mathrm{.}52$ million

D$.$ $ $108\mathrm{.}15$ million