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You are currently working as a consultant and are looking into the following hotel project. You also have the following information (in thousands of $):

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You are currently working as a consultant and are looking into the following hotel project. You also have the following information (in thousands of \$): The initial investment in assets at the beginnning of year 1 would be The tax rate is constant throughout the years and amounts to You will need to make a replacement investment in fixed assets of Your current assets and short term liabilities will be: Please calculate the following values: Earnings before interest and tax (EBIT) Net EBIT Depreciation Change in working capital requirement (WCR) Free Cash Flows

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