10% 3% Years Unit sales forcast Price (grow with infl) COGS (grows with inflation) Forecast discount Discount rate Inflation Investment (Depreciated 5 year $ 1 2 3 4 5 100 150 200 200 100 50 51.5 53.045 54.63635 56.2754405 40 41.2 42.436 43.70908 45.0203524 2,500.00 Starting in year 1 SGA % of sales 5% YEAR 1 2 3 4 Sales 5,000.0 7,725.0 10,609.0 10,927.3 5,627.5 COGS 4,000.0 6,180.0 8,487.2 8,741.8 4,502.0 Depr 500.0 500.0 500.0 500.0 500.0 Selling and admin 250.0 386.3 530.5 546.4 281.4 EBIT 250.0 658.8 1,091.4 1,139.1 344.1 Interest EBT 250.0 658.8 1,091.4 1,139.09 344.13 100.0 150.0 Tax Net income Investment (2,500.0) Net cash flow or free cash (2,500.0)| 650.0 895.3 1,154.8 1,183.45 706.48 263.5 436.5 455.64 137.65 395.3 654.8 683.45 206.48