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Question 1 (15 points) For the next three problems, go to Problem 3-16 on page 93 in your book. Assume that the Net Operating Working
Question 1 (15 points) For the next three problems, go to Problem 3-16 on page 93 in your book. Assume that the Net Operating Working Capital for 2015 was 900, and the Net Plant and Equipment for 2015 was 2000. What is the change in Net Operating Working Capital for 2016? State your answer WITHOUT DECIMAL PLACES. A What was the (Gross) Capital Expenditure for 2016? State your answer WITHOUT DECIMAL PLACES. A What was the Free Cash Flow for 2016? State your answer WITHOUT DECIMAL PLACES. A Question 2 (5 points) Saved What is the future value of $5000 deposited at 5% for 10 years? ROUND TO THE NEAREST DOLLAR AND DO NOT USE DECIMAL PLACES. 8144 A Question 3 (5 points) You are going to retire in 40 years and currently have $100,000. What average annual return would you have to earn on your investment to have $1 million by the time you retire? GIVE YOUR ANSWER WITH TWO DECIMAL PLACES. DO NOT USE A PERCENT SIGN
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