Victoria Enterprises expects earnings before interest and taxes (EBIT) next year of $ 2.4 million. Its depreciation and capital expenditures will both be $313,000, and it expects its capital expenditures to always equal its depreciation. Its working capital will increase by $45,000 over the next year. Its tax rate is 32 %. If its WACC is 9 % and its FCFs are expected to increase at 6 % per year in perpetuity, what is its enterprise value
The? company's enterprise value is