Total (30 Points). Please complete the following table. Forecast Year 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 Sales growth rate 9.3996 8.31% 8.42% 7.6096 6.80% 6.00% 5.30% 4.50% 3.8096 3.00% NOPAT margin 9.899 10.49% 11.099 10.5096 9.90% 9.30% 8.70% 8.10% 7.60% 7.00% Beginning net operating working/sales 10.60% 9.60% 8.6096 8.6096 8.60% 8.60% 8.60% 8.60% 8.609 8.60% Beginning net operating long-term assets/sales 58.10% 57.00% 55.70% 55.70% 55.70% 55.70% 55.7096 55.70% 55.70% 55.70% Beginning net debt to captial ratio 57.2096 57.2096 57.2096 57.20% 57.20% 57.20% 57.20% 57.20% 57.20% 57.20% After-tax cost of debt 1.50% 1.70% 1.909 2.10% 2.30% 2.50% 2.50% 2.50% 2.5096 2.50% Beginning Balance Sheet Beg net working capital + Beg net long term assets =net operating assets 23191.95 127118.15 150310.10 Net Debt 85977.38 +Preferred stock (Assume zero for all the years) 0.00 + Shareholders' equity 64332.72 = Net Capital 150310.10 Income Statement Sales 218792.00 Net operating profits after tax 21645.97 -Net interes expese after tax 1289.66 = Net Income 20356.31 -Preferred dividends (Assume O for all the years) 0.00 = Net Income to common 20356.31 Operating return on assets 14.40% Return on common equity 31.64% Book value of assets growth rate 5.00% Book value of common equity growth rate 5.00% Net operatin asset turnover 1.46 Cash Flow Data Net income 20356.31 -Change in net working capital -23191.95 -Change in net long-term assets -127118.15 +Change in net debt -85977.38 Free cash flow to equity 84689.03 Net operating profit after tax 21645.97 -Change in net working capital -change in net long term assets = Free cash flow to capital -23191.95 -127118.15 171956.07