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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

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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 averege of these projected free cash flows? Round your final answer to two decimals. Interest EBT: Taxes Net income Total Assets (except cash) Plus: Minimum required cash balance \begin{tabular}{rrrr} $5 & 2.52 & 5 & 2.52 \\ \hline 5 & (6.52) & 20.485 \\ \hlineS & (1.37) & S & 4.30 \\ \hline 5 & (5.15 & 5 & 16.18 \\ \hline \end{tabular} Less: Vabiities and equity (except debt needed) Debt needed or (excess cash) Financial rarios as a percentage of sales Balance sheet Current Assets Fixed assets, net Curfent Hiabilities Inceme statement cogs Operating experse Estimate ANWC Ad, Current assets Less: Adj, Current labilities NWC NWC Estimate FCF KB(2-te) Plus: Depreciavion experise Less: ANWO. Less Capitai Eapenditures 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 averege of these projected free cash flows? Round your final answer to two decimals. Interest EBT: Taxes Net income Total Assets (except cash) Plus: Minimum required cash balance \begin{tabular}{rrrr} $5 & 2.52 & 5 & 2.52 \\ \hline 5 & (6.52) & 20.485 \\ \hlineS & (1.37) & S & 4.30 \\ \hline 5 & (5.15 & 5 & 16.18 \\ \hline \end{tabular} Less: Vabiities and equity (except debt needed) Debt needed or (excess cash) Financial rarios as a percentage of sales Balance sheet Current Assets Fixed assets, net Curfent Hiabilities Inceme statement cogs Operating experse Estimate ANWC Ad, Current assets Less: Adj, Current labilities NWC NWC Estimate FCF KB(2-te) Plus: Depreciavion experise Less: ANWO. Less Capitai Eapenditures FCF

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