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Can someone please provide the formulas and step-by-step instructions for this solution? An analyst has forecasted the following gures for Raedehe Technology: Sales STD million

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Can someone please provide the formulas and step-by-step instructions for this solution?

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An analyst has forecasted the following gures for Raedehe Technology: Sales STD million EEI'IDA $20 million Depreciation S 7" million Amortization $ [1 The company's tax rate is 4%. The companyr does not expect any changes in its net operating working capital. This year the company's planned gross capital expenditures will total $12 million. What is the company's forecasted 'ee cash ow for the year? a. $ 2.8 million h. $ 1t] million c. $ 8.0 million (1. $12.8 million e. $26.3 million

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