Question: In the tab Problem 4 , you will find numerical assumptions for forecasting the financials of The Plumber Slow Co . from Years 1 through

In the tab Problem 4, you will find numerical assumptions for forecasting the financials of The Plumber Slow Co. from Years 1 through 5. In addition to these assumptions, some numbers have been provided for Year 0, along with the following facts. - The company has a strict policy of not maintaining any excess cash balances in any year. Therefore, all cash is required cash. - The company does not have any preferred stock. - During years 1 through 5, the company does not plan to raise any equity capital by issuing new common stock. No repurchases of common stock are planned. - Yearly interest expense is calculated on the debt balance at the beginning of the year (i.e., ending debt balance of the last year).- The interest rate on debt offered by lenders each year depends on the interest coverage ratio (which is defined as = EBIT/interest expense at the end of the previous year according to the following table
In the tab Problem 4 , you will find numerical

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