Use Question 20 to answer
Question 29 (1 point) Saved Suppose the net investment in operating capital for 2014 is $9.981. On your spreadsheet, calculate free cash flow (FCF) for 2014. O 1) $13,983 O2) $23,964 3) $15,457 O4) None of the above Question 20 (1 point) Saved SPREADSHEET ANALYSIS & FORECASTING. FOR THIS AND THE NEXT 10 QUESTIONS. The following historical financial data (in millions of $) is for General Electric (source: www.morningstar.com). Note that forecasts should be made from the most current year of operations which, in this case, is 2014. Please be mindful of the fact that there may be slight rounding errors as you copy data into spreadsheet for analysis. Calculate the AVERAGE ANNUAL GROWTH RATE of the company's revenues from 2010 to 2014. Income Statement Revenue Cost of revenue Gross profit Total op expenses EBIT Interest expense Income before taxes Provision for income taxes Net income EPS Estimated tax rate 2010 2011 $150,211 $147,300 71,713 68,278 $78,498 $79,022 48,307 44,379 $30,191 $34,643 15,983 14,545 $14,208 $20,098 1,050 5,732 $13,158 $14,366 $1.06 $1.29 7% 29% ACTUAL 2012 $147,359 74,310 $73,049 43,135 $29,914 12,508 $17,406 2,504 $14,902 $1.29 14% 2013 $146,045 77,141 $68,904 42,637 $26,267 10.116 $16,151 676 $15,475 $1.27 4%6 2014 $148,589 81,311 $67,278 40,567 $26,711 9,482 $17,229 1,772 $15,457 $1.50 10% Question 29 (1 point) Saved Suppose the net investment in operating capital for 2014 is $9.981. On your spreadsheet, calculate free cash flow (FCF) for 2014. O 1) $13,983 O2) $23,964 3) $15,457 O4) None of the above Question 20 (1 point) Saved SPREADSHEET ANALYSIS & FORECASTING. FOR THIS AND THE NEXT 10 QUESTIONS. The following historical financial data (in millions of $) is for General Electric (source: www.morningstar.com). Note that forecasts should be made from the most current year of operations which, in this case, is 2014. Please be mindful of the fact that there may be slight rounding errors as you copy data into spreadsheet for analysis. Calculate the AVERAGE ANNUAL GROWTH RATE of the company's revenues from 2010 to 2014. Income Statement Revenue Cost of revenue Gross profit Total op expenses EBIT Interest expense Income before taxes Provision for income taxes Net income EPS Estimated tax rate 2010 2011 $150,211 $147,300 71,713 68,278 $78,498 $79,022 48,307 44,379 $30,191 $34,643 15,983 14,545 $14,208 $20,098 1,050 5,732 $13,158 $14,366 $1.06 $1.29 7% 29% ACTUAL 2012 $147,359 74,310 $73,049 43,135 $29,914 12,508 $17,406 2,504 $14,902 $1.29 14% 2013 $146,045 77,141 $68,904 42,637 $26,267 10.116 $16,151 676 $15,475 $1.27 4%6 2014 $148,589 81,311 $67,278 40,567 $26,711 9,482 $17,229 1,772 $15,457 $1.50 10%
