Forecasted FCFE for year 2021 is Actual 12/31/20 9500 Forecast 12/31/21 10000 14.0% 1200 5% 100 1100 25.0% Sales EBIT Margin EBIT Interest Rate on Average Debt Interest Expense EBT Income Tax Rate Income Tax Expense Net Income to Common Total Assets Year End Total Common Equity Year End Interest Bearing Debt Year End Other Liabilities Year End Sales/Ending Assets Debt/Assets Other Liabilities/Assets 5000 300 800 5000 1000 2200 1600 2600 1500 2.0 0.52 0.3 Forecasted FCFE for year 2021 is Actual 12/31/20 9500 Forecast 12/31/21 10000 14.0% 1200 5% 100 1100 25.0% Sales EBIT Margin EBIT Interest Rate on Average Debt Interest Expense EBT Income Tax Rate Income Tax Expense Net Income to Common Total Assets Year End Total Common Equity Year End Interest Bearing Debt Year End Other Liabilities Year End Sales/Ending Assets Debt/Assets Other Liabilities/Assets 5000 300 800 5000 1000 2200 1600 2600 1500 2.0 0.52 0.3