You have looked at the current financial statements for Reigle Homes, Co. The company has an EBIT of $2,890,000 this year.
You have looked at the current financial statements for Reigle Homes, Co. The company has an EBIT of $2,890,000 this year. Depreciation, the increase in net working capital, and capital spending were $227,000, $92,000, and $425,000, respectively. You expect that over the next five years, EBIT will grow at 18 percent per year, depreciation and capital spending will grow at 23 per year, and NWC […]
