Calculate SEC's forecasted ratios, and compare them with the company's 2004 ratios and with the industry averages.

Question:

Calculate SEC's forecasted ratios, and compare them with the company's 2004 ratios and with the industry averages. Calculate SEC’s forecasted free cash flow and return on invested capital (ROIC).

Free Cash Flow
Free cash flow (FCF) represents the cash a company generates after accounting for cash outflows to support operations and maintain its capital assets. Unlike earnings or net income, free cash flow is a measure of profitability that excludes the...