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1. Please use the following information to calculate Free Cash Flow of Marcus LLC. The initial sales of year 0 is 100 million Sales growth

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1. Please use the following information to calculate Free Cash Flow of Marcus LLC. The initial sales of year 0 is 100 million Sales growth rate is 20% for the first year and 15% for the second year. The cost of sales and related fees are 50% of the sales. The depreciation value is 5 million each year. Marcus LLC will invest additional 6 million in fixed asset in year 1 and 5 million in year 2. Tax rate is 21%. a. What is the free cash flow for year I and year 2?(Hint: calculate EBIT first)

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