<?xml version="1.0" encoding="UTF-8"?>
<calcxmlResponse xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" xsi:noNamespaceSchemaLocation="http://host3.calcxml.com/schema/1.3/calcxmlResponse.xsd" version="1.3"><htmlValues><responseText>Based on a calculated discount rate of 6.5%, your estimated business value is $11,331,034.</responseText><htmlDisplayTable>&lt;table class='pure-table' role='grid'&gt;&lt;tr&gt;&lt;th colspan='2' class='section'&gt;Summary&lt;/th&gt;&lt;/tr&gt;&lt;tr&gt;&lt;td&gt;Total future earnings/excess compensation&lt;/td&gt;&lt;td&gt;$74,000,000&lt;/td&gt;&lt;/tr&gt;&lt;tr&gt;&lt;td&gt;Calculated discount rate&lt;/td&gt;&lt;td&gt;6.50%&lt;/td&gt;&lt;/tr&gt;&lt;tr&gt;&lt;td&gt;Present value of today's earnings/excess compensation&lt;/td&gt;&lt;td&gt;$56,655,171&lt;/td&gt;&lt;/tr&gt;&lt;tr&gt;&lt;td&gt;Less adjustment for small size/lack of marketability&lt;/td&gt;&lt;td&gt;$45,324,137&lt;/td&gt;&lt;/tr&gt;&lt;tr&gt;&lt;td&gt;Estimated business value&lt;/td&gt;&lt;td&gt;$11,331,034&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;</htmlDisplayTable><chartUrl>&#xD;&lt;div id="chart1Container"&gt;Chart will load here&lt;/div&gt;&#xD;&lt;script type="text/javascript"&gt;&#xD;&lt;!--&#xD;var myChart1 = new FusionCharts( "MSColumn2D", "myChart1Id", "100%", "100%", "0", "1" );&#xD;myChart1.setXMLData("&lt;chart showValues='0' showFCMenuItem='0' decimals='0' formatNumberScale='0' caption='Discounted Cash Flows' xAxisName='Years' numberPrefix='$' bgColor='FFFFFF' showBorder='0' canvasBgColor='ffffff'  showAlternateHGridColor='0' plotGradientColor='' numberSuffix='' thousandSeparator=',' decimalSeparator='.'&gt;&lt;categories&gt;&lt;category label='1' /&gt;&lt;category label='2' /&gt;&lt;category label='3' /&gt;&lt;category label='4' /&gt;&lt;category label='5' /&gt;&lt;category label='6' /&gt;&lt;category label='7' /&gt;&lt;category label='8' /&gt;&lt;category label='9' /&gt;&lt;category label='10' /&gt;&lt;/categories&gt;&lt;dataset seriesName='Future Earnings + Excess Comp.' color='0B9191'&gt;&lt;set value='7400000.0' /&gt;&lt;set value='7400000.0' /&gt;&lt;set value='7400000.0' /&gt;&lt;set value='7400000.0' /&gt;&lt;set value='7400000.0' /&gt;&lt;set value='7400000.0' /&gt;&lt;set value='7400000.0' /&gt;&lt;set value='7400000.0' /&gt;&lt;set value='7400000.0' /&gt;&lt;set value='7400000.0' /&gt;&lt;/dataset&gt;&lt;dataset seriesName='Today&amp;apos;s Discounted Value' color='F58127'&gt;&lt;set value='7400000.0' /&gt;&lt;set value='6948357.0' /&gt;&lt;set value='6524279.0' /&gt;&lt;set value='6126083.0' /&gt;&lt;set value='5752191.0' /&gt;&lt;set value='5401118.0' /&gt;&lt;set value='5071472.0' /&gt;&lt;set value='4761946.0' /&gt;&lt;set value='4471311.0' /&gt;&lt;set value='4198414.0' /&gt;&lt;/dataset&gt;&lt;/chart&gt;");&#xD;// --&gt;&#xD;&lt;/script&gt;&#xD;</chartUrl><relevantLinks>&lt;ul&gt;&lt;li&gt;&lt;a href="bus01"&gt;What are the tax savings of a qualified retirement/cafeteria plan?&lt;/a&gt;&lt;/li&gt;&lt;li&gt;&lt;a href="bus02"&gt;What are my new business startup costs?&lt;/a&gt;&lt;/li&gt;&lt;li&gt;&lt;a href="modal-premium-apr-calculator"&gt;Should I pay or charge monthly, quarterly or annually?&lt;/a&gt;&lt;/li&gt;&lt;li&gt;&lt;a href="business-valuation"&gt;What is the value of my business?&lt;/a&gt;&lt;/li&gt;&lt;li&gt;&lt;a href="breakeven-analysis"&gt;How many units do I need to sell to breakeven?&lt;/a&gt;&lt;/li&gt;&lt;li&gt;&lt;a href="lease-vs-buy-equipment"&gt;Should I lease or buy equipment?&lt;/a&gt;&lt;/li&gt;&lt;li&gt;&lt;a href="financial-ratio-analysis"&gt;What are my business financial ratios?&lt;/a&gt;&lt;/li&gt;&lt;li&gt;&lt;a href="total-compensation"&gt;What is my employee total compensation package worth?&lt;/a&gt;&lt;/li&gt;&lt;li&gt;&lt;a href="section-179-deduction"&gt;What are my tax savings with Section 179 deduction?&lt;/a&gt;&lt;/li&gt;&lt;/ul&gt;</relevantLinks><htmlDataTable>&lt;table class='pure-table pure-table-bordered' role='grid'&gt;&lt;tr&gt;&lt;th scope="col"&gt;Year&lt;/th&gt;&lt;th scope="col"&gt;Future Earnings Plus Excess Compensation&lt;/th&gt;&lt;th scope="col"&gt;Today's Discounted Value&lt;/th&gt;&lt;/tr&gt;&lt;tr&gt;&lt;td role="rowheader" scope="row"&gt;1&lt;/td&gt;&lt;td&gt;$7,400,000&lt;/td&gt;&lt;td&gt;$7,400,000&lt;/td&gt;&lt;/tr&gt;&lt;tr&gt;&lt;td role="rowheader" scope="row"&gt;2&lt;/td&gt;&lt;td&gt;7,400,000&lt;/td&gt;&lt;td&gt;6,948,357&lt;/td&gt;&lt;/tr&gt;&lt;tr&gt;&lt;td role="rowheader" scope="row"&gt;3&lt;/td&gt;&lt;td&gt;7,400,000&lt;/td&gt;&lt;td&gt;6,524,279&lt;/td&gt;&lt;/tr&gt;&lt;tr&gt;&lt;td role="rowheader" scope="row"&gt;4&lt;/td&gt;&lt;td&gt;7,400,000&lt;/td&gt;&lt;td&gt;6,126,083&lt;/td&gt;&lt;/tr&gt;&lt;tr&gt;&lt;td role="rowheader" scope="row"&gt;5&lt;/td&gt;&lt;td&gt;7,400,000&lt;/td&gt;&lt;td&gt;5,752,191&lt;/td&gt;&lt;/tr&gt;&lt;tr&gt;&lt;td role="rowheader" scope="row"&gt;6&lt;/td&gt;&lt;td&gt;7,400,000&lt;/td&gt;&lt;td&gt;5,401,118&lt;/td&gt;&lt;/tr&gt;&lt;tr&gt;&lt;td role="rowheader" scope="row"&gt;7&lt;/td&gt;&lt;td&gt;7,400,000&lt;/td&gt;&lt;td&gt;5,071,472&lt;/td&gt;&lt;/tr&gt;&lt;tr&gt;&lt;td role="rowheader" scope="row"&gt;8&lt;/td&gt;&lt;td&gt;7,400,000&lt;/td&gt;&lt;td&gt;4,761,946&lt;/td&gt;&lt;/tr&gt;&lt;tr&gt;&lt;td role="rowheader" scope="row"&gt;9&lt;/td&gt;&lt;td&gt;7,400,000&lt;/td&gt;&lt;td&gt;4,471,311&lt;/td&gt;&lt;/tr&gt;&lt;tr&gt;&lt;td role="rowheader" scope="row"&gt;10&lt;/td&gt;&lt;td&gt;7,400,000&lt;/td&gt;&lt;td&gt;4,198,414&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;</htmlDataTable><recommendations>&lt;h2&gt;Further Resources&lt;/h2&gt;&lt;ul style="list-style: unset !important;"&gt;&lt;li&gt;Calculate and &lt;a href="https://www.moneyhelpcenter.com/college-career/calculate/business-financial-ratios/" target="_blank"&gt;review your business financial ratios.&lt;/a&gt;&lt;/li&gt;&lt;li&gt;Read about &lt;a href="https://www.moneyhelpcenter.com/article/federal-income-tax-bracket-and-rates-for-2018/" target="_blank"&gt; brackets and rates.&lt;/a&gt;&lt;/li&gt;&lt;li&gt;Calculate &lt;a href="https://www.moneyhelpcenter.com/taxes/calculate/much-self-employment-tax-will-pay/" target="_blank"&gt;how much self-employment tax you will pay.&lt;/a&gt;&lt;/li&gt;&lt;li&gt;Discuss &lt;a href="https://www.moneyhelpcenter.com/how-much-money-after-taxes/" target="_blank"&gt;how much money you will have after taxes.&lt;/a&gt;&lt;/li&gt;&lt;li&gt;Calculate &lt;a href="https://www.moneyhelpcenter.com/credit-debt/calculate/projected-net-worth/" target="_blank"&gt;your projected net worth.&lt;/a&gt;&lt;/li&gt;&lt;/ul&gt;</recommendations></htmlValues></calcxmlResponse>
