Calculate the FCF value of ABC Company based on the given information (please show your work):
EBIT
Tax @ 20%
Depreciation
Incr. in W/C
Capex
Proj. FCF
Residual value FCF:
Growth rate:
WACC
2020
$1,590
(318)
200
(40)
(150)
$1,282
$1,700
5%
14%
2021
$1,688
(338)
200
(50)
(150)
$1,350
2022
$1,790
(358)
200
(60)
(150)
$1,422
2023
1,897
(379)
200
(70)
(150)
$1,498
2024
$2,032
(406)
200
(80)
(150)
$1,596