Victoria Enterprises expects earnings before interest and taxes (EBIT )
June 7th, 2024
Victoria Enterprises expects earnings before interest and taxes (EBIT ) next year of $1.2million. Its depreciation and capital expenditures will both be $313,000 ,and it expects its capital expenditures to always equal its depreciation. Its working capital will increase by $53,000over the next year. Its tax rate is 35%.If its WACC is 8%and its FCFsare expected to increase at 6%per yearinperpetuity, what is itsenterprisevalue?