in addition your analyst tells you that based on historical norms,your CoGS is 48.5% and the operating expenses typically run at 23.4%
June 7th, 2024
in addition your analyst tells you that based on historical norms,your CoGS is 48.5% and the operating expenses typically run at 23.4%. Calculate the Net Income for each year based on the assumptions using a 28.5% tax rate, the Company is debt free and assuming all fixed assets are fully depreciated.( 5 marks )Derive a value for the company based on the PV of the forecasted Net Incom