6. 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 $36 million and overhead/administration costs of $11 million. The tax rate is 40 percent and required return is 9 percent. Furthermore, capital expenditures will be $7 million and an increase in NOWC of $2,000,000.
   1. Find the Earnings before Interest, Taxes, Depreciation and Amortization
   2. Find Earnings before Interest and Taxes.
   3. Find the companys free cash flow.