Now let$$s put everything together and try to calculate the $($projected$)$ FCF of the firm LuluYoga for $2018.$

Here is some financial information you have gathered with the help of your intern peers and supervisors at the investment bank.

The analyst team has been talking to the management of LuluYoga and they estimate that sales are going to grow by $5\%$ from $2017$ to $2018.$

Financial ratios that will allow you to compute the different component of FCF are in the table. Use the historical $3-$year average for all financial ratios as your estimate of the financial ratio in $2018,$ with two exceptions: ARDOH and APDOH. You talked to senior managers of the firm and are very confident that in $2018$ AR$/$DOH will be $45$ and AP DOH will be $20.$