FNCE 4500 Ch.4: Individual homework 4 Thiago Silva, CFA, is analyzing the financial statements of Chelsea Industry. He has a 206 income statement and balance sheet, as well as 207 income statement, balance sheet, and cash flow from operations forecasts (as shown in the following tables). 20X7 Balance Sheet Assume there will be no sales of long-term assets in 207. 1.Calculate forecasted free cash flow to the firm (FCFF) and free cash flow to equity (FCFE) for 20X7. (5 pts)