Question: 33. You are valuing a company that had sales of 50000 in 2018 and the expected year-on-year growth rate of sales for years 2019

33. You are valuing a company that had sales of 50000 in 2018 and the expected year-on-year growth rate of sales for years 2019 and 2020 are 4% and 2%, respectively. For both years 2019 and 2020 you expect EBIT margin(as a percentage of sales) to be 8%. The corporate tax rate is 30%. You gave the additional assumptions: Values in C 2019 Depreciation & Provisions 2600 3380 180 Capex Changes Working Capital The expected Select one: () a 508 b Free Cash Flow to the firm in years 2019 and 2020 are: 1952 and 1952 and 3200 and 2020 2652 3262 94 2266, respectively 3037, respectively 3540, respectively
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
