Question: 3. Question (35%). The company Twist Again PLC (data are given below) needs to know Market Value added (MVA); Shareholders' value added (SVA), Economic

3. Question (35%). The company Twist Again PLC (data are given below)

3. Question (35%). The company Twist Again PLC (data are given below) needs to know Market Value added (MVA); Shareholders' value added (SVA), Economic Value Added (EVA), Firm Value, and future price per share. Use data are available below (in ). Sales growth for years 1-5 Operating profit margin Net working capital to sales ratio Property, plant and equipment to sales ratio Beginning sales Cash tax rate Long term debt Cost of capital (discount rate) No. of shares Invested capital in year 0 Current Period (0) Current Assets P, P,&E Total Change in NWC Change in PPE (CAPEX) Invested Capital Years 0 1 10.0% 354.5 16.0% 13.0% 490.9 18.0% 27,272.73 15.0% 4,000.00 12.0% 8,000.00 Balance Sheet Current Liabilities (non- 5000 interest) 5000 Long term debt 2 10,000.00 10000 Common equity Total 390.0 3 429.0 540.0 594.0 4 471.9 653.4 2000 4000 4000 10000 5 519.1 718.7 There after 10000.0 10845.5 11775.5 12798.5 13923.8 15161.6 15161.6

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