SF student spreadsheet F17.xlsx

SF student spreadsheet F17.xlsx - Exhibit 1 Historical...

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FY 2016 Sales 22,500 2,500 Depreciation 1,100 Operating Profit 1,400 Net Income 660 Exhibit 1 Historical Summary Financial Information, 2016 (in thousands of dollars) EBITDA a a EBITDA is the Earnings Before Interest, Taxes, Depreciation and Amortization.
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2017E 2018E 2019E 2020E 2021E Sales 1,200 2,400 3,900 5,600 7,500 180 360 585 840 1,125 Depreciation (200) (225) (250) (275) (300) EBIT (20) 135 335 565 825 Tax Expense 8 (54) (134) (226) (330) (12) 81 201 339 495 300 300 300 300 300 Investment in Working Capital 0 0 0 0 0 Exhibit 2 Projections of Incremental Expected Sales and Cash Flows for Home Delivery Project 2017-2021 (in thousands of dollars). EBITD a EBIAT a CAPX b a EBITD is the Earnings Before Interest, Taxes and Depreciation. EBIAT is the Earnings Before Interest and After Taxes. Taxes calculated assuming no interest expense. b Annual capital expenditures of $300,000 were in addition to the initial (12/31/2016) $1.5 million outlay, and are assumed to remain constant in perpetuity.
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5.0% 6.8% Market Risk Premium 7.2% Marginal Corporate Tax Rate 40% 0.25 Asset Beta 1.50 Exhibit 3 Additonal Assumptions.
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