Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

If the tax rate is 30.5%, what is the free cash flow for 2020? This is the free cash flow we project to be available

image text in transcribed

If the tax rate is 30.5%, what is the free cash flow for 2020? This is the free cash flow we project to be available to pay down the principal on our debt. Assume that the "Other Cash Gained (Used) amount is not taxable. Assume that a negative NWC change means a reduction in cash flow. Format $12.34 million as 12

Free Cash Flow 2018 2019 2020 2021 Revenue |Adj. EBITDA CapEx Other Cash Gained (Used) Net WC Change Interest Expense D&A Purchase Year 2017 5,647.5 1,129.0 (206.0) 23.0 (41.0) 5,681.5 994.0 (266.0) 52.0 99.0 (616.4) (222.0) 5,946.5 1,076.9 (226.0) 72.0 (15.0) (596.0) (232.0) 6,142.5 6,296.4 1,219.9 1,321.9 (246.0) (252.0) 76.0 76.0 11.0 11.0 (573.0) (537.5) (240.0) (246.0) 202 6,453.4 1,354.9 (258.C 76. 11.0 (492. (252.0 (224.0) Free Cash Flow 2018 2019 2020 2021 Revenue |Adj. EBITDA CapEx Other Cash Gained (Used) Net WC Change Interest Expense D&A Purchase Year 2017 5,647.5 1,129.0 (206.0) 23.0 (41.0) 5,681.5 994.0 (266.0) 52.0 99.0 (616.4) (222.0) 5,946.5 1,076.9 (226.0) 72.0 (15.0) (596.0) (232.0) 6,142.5 6,296.4 1,219.9 1,321.9 (246.0) (252.0) 76.0 76.0 11.0 11.0 (573.0) (537.5) (240.0) (246.0) 202 6,453.4 1,354.9 (258.C 76. 11.0 (492. (252.0 (224.0)

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Principles Of Managerial Finance

Authors: Lawrence J. Gitman, Chad J. Zutter

13th Edition

9780132738729, 136119468, 132738724, 978-0136119463

More Books