An asset manager is valuing the listed company EVORA with expected year-on-year growth rate of EBIT as given in Table 1. Year 1 is the company's first year of activity. Table 1 Year 2 Year 3 Year 4 Year 5 +2% +6% +5% + 2% how to compute sales???? The EBIT margin (as percentage of sales) is expected to grow 55 basis points (0.55%) per year between year 2 and year 5. In year 1, the expected level of sales is €67,000 with EBIT margin of 6%. Additional assumptions are:
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