1. Chart out different valuation approaches and methods along with their key pros and cons.

2. Suppose you are analyzing the financial statements of a Company. Below are the key line items
of the income statement and balance sheet.

Details (INR '000) FY2017

Revenue 45,000
COGS 18,000
Gross profit 27,000
SG&A expenses 6,750
Employee benefit expenses 6,750
Depreciation and amortization 2,250
Finance costs 540
Other operating expenses 450
Operating profit 10,260
Tax expenses 2,565
Net profit 7,695
Details (INR '000) FY2017
Cash and bank balance 5,614
Investments 1,500
Inventory 2,466
Receivables 7,397
Total 16,977
PP&E 7,500
Other assets 1,650
Total assets 26,127

Trade payables 4,438

Other current liabilities 200
Total 4,638
Long term loan 1,500
Share capital 200
Additional paid in capital 3,500
Reserves 16,289
Total 19,989
Total equity and liabilities 26,127

Calculate:
A. EBITDA and EBIT for FY2017
B. EBIT margin
C. RoNW for FY2017
D. Tax rate for FY2017
E. Net working capital
F. Inventory turnover days
G. Debt to equity ratio
Forecast: (Assuming revenue will grow by 20% in the next year with a gross margin of 60%)
H. Inventory for FY2018 (at 40 days plus your roll number)
I. Receivables for FY2018 (at 40 days plus your roll number)
J. Trade payables for FY2018 (at 40 days plus your roll number)