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please help find the average fcf! Use the percent of sales method and the following information to project this firm's free cash flows (FCFs) for
please help find the average fcf!
Use the percent of sales method and the following information to project this firm's free cash flows (FCFs) for the next three years. What is the average of these projected free cash flows? Use the average historical ratios in your projection. Round your final answer to two decimals. Total Assets (except cash) Plus: Minimum required cash balance Less: Llabilities and equity (except debt needed) Debt needed or (excess cash) Financial ratios as a percentage of sales Balance sheet Current Assets Fixed assets, net Current liabilities Income statement cogs Operating expense Estimate \\( \\triangle N W C \\) Adj. Current assets Less: Adj, Current liabilities: NWC ANWE Estimate FCF \\( \\operatorname{ren}(1-4) \\) Plus: Depreciation expense Less \\( \\triangle N W C \\) Les: Capital fopenditures FCF \\begin{tabular}{rrrr} \\( \\$ \\) & 137.00 & \\( \\$ \\) & 140.00 \\\\ \\( \\$ \\) & 7.00 & \\( \\$ \\) & 7.00 \\\\ \\( \\$ \\) & 171.00 & \\( \\$ \\) & 175.50 \\\\ \\hline\\( \\$ \\) & \\( (27.00) \\) & \\( \\$ \\) & \\( (28.50) \\) \\end{tabular} Actual 2018 2019 Projection 2021 2022 2021 2022 2018 Actual 2019 Actual. 2018 2019 2020 Projection 2021 2022 Step by Step Solution
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