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Your company has the following forecast for net income: Year 1: $100,000; Year 2: $200,000;Year 3: $300,000. Discount rate is 35%. Applicable P/E ratio is
Your company has the following forecast for net income: Year 1: $100,000; Year 2: $200,000;Year 3: $300,000. Discount rate is 35%. Applicable P/E ratio is 7X. Calculate the company's value today using the VC method.
1)$853,528
2)$2,100,000
3)$735,000
4)$100,000
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