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Question 19 For 2020, Darden Co. reports sales of $8,552 million, NOA of $4,685 million, NOPM of 5%, and NOAT of 1.8254. For 2021, expected
Question 19 For 2020, Darden Co. reports sales of $8,552 million, NOA of $4,685 million, NOPM of 5%, and NOAT of 1.8254. For 2021, expected sales growth is 7%, and NOPM and NOAT are expected to remain at the 2020 levels. Discount rate is 6%. What is Darden's expected Free Cash Flow to the firm (FCFF) in 2021 (round final answer to the nearest millions)? $130 $458 $328 $177
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