You are trying to assess a new project for you company. To that end you have put together some forecast for year 1 of the project in the table below. Using this information, calculate the free cash flow for year 1 of this project. Express the free cash flow in S-millions and round to two decimals (do not include the S-sign in your answer). Project Forecasts for Year 1 in 5 millions) Sales 154 Cost of sales 55 Selling, general and administrative expenses 5 Depreciation 31 Increase in Net Working Capital 6 Capital expenditures Marginal corporate tax rate 23% en 38 les soda Below are selected financial data on DCB Industries Inc. The company currently has 2.1 billion shares outstanding and the share price is $30 share. Assume that all cash and short-term investments are considered excess cash. In addition, assume that the market value of debt is e the book value of debt. Based on these data, what is the debt-to-enterprise value ratio of DCB? Select the closest one. Assets Cash & Short-Term Investments Accounts Receivable Inventory Other Current Assets Total Current Assets Balance Sheet (in S-billions) Liabilities $20.00 Accounts Payable $15.00 Short-Term Debt $20.00 Current Maturities of Long-Term Debt $4.00 Other Current Liabilities $59.00 Total Current Liabilities $25.00 $20.00 $15.00 $18.00 $78.00 Property, Plant & Equipment $320.00 Long-Term Debt $85.00 Less Accumulated Depreciation ($110.00) Capital Lease Obligations $0.00 Net Property, Plant & Equipment $210.00 Total Debt $85.00 Goodwill & Intangible Assets $10.00 Deferred Taxes ($10.00) Other Long-Term Assets $15.00 Other Long-Term Liabilities $17.00 Total Liabilities $170.00 Shareholders' Equity $124.00 Total Assets $294.00 Total Liabilities and Shareholders' Equity $294.00 Ol. 33.57% II. 44.35% IL 79.32% IV. 39.65%6 V. 60.96%