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#6 19 points. Coolidge Cola is forecasting the following income statement information: Sales of $54,000,000, operating costs excluding depreciation of $20 million, interest expense of
#6 19 points. Coolidge Cola is forecasting the following income statement information: Sales of $54,000,000, operating costs excluding depreciation of $20 million, interest expense of $7 million, dividends of $1 million, depreciation and amortization of $16 million and overhead/administration costs of $4,000,000. The tax rate is 30 percent and required return is 12 percent. Furthermore, capital expenditures will be $5 million and an increase in NOWC of $2,000,000. a. Find Earnings before Interest and Taxes. b. Find the company's free cash flow
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