Page 1 of 1

Summer 2022 Show work and CLEARLY mark your answer. Do your best!!! #6 24 points. Coolidge Cola is forecasting the follo

Posted: Fri Jul 01, 2022 7:42 am
by answerhappygod
Summer 2022 Show Work And Clearly Mark Your Answer Do Your Best 6 24 Points Coolidge Cola Is Forecasting The Follo 1
Summer 2022 Show Work And Clearly Mark Your Answer Do Your Best 6 24 Points Coolidge Cola Is Forecasting The Follo 1 (22.05 KiB) Viewed 43 times
Summer 2022 Show work and CLEARLY mark your answer. Do your best!!! #6 24 points. Coolidge Cola is forecasting the following income statement information: Sales of $54,000,000, operating costs excluding depreciation of $20 million, interest expense of $7 million, dividends of $1 million, depreciation and amortization of $16 million and overhead/administration costs of $4,000,000. The tax rate is 30 percent and required return is 12 percent. Furthermore, capital expenditures will be $5 million and NOWC will increase by $2,000,000. a. Find Earnings before Interest and Taxes. b. Find the company's free cash flow.