Fill in the yellow cells with formulas to project 2004 free cash flows. Follow the hints on the spreadsheets - the file should open to the best starting point.
Please see the attached file. Have a look at formulas in cells.
Operating Income 160,710.0 128,866.4 131,877.2
Tax on Operating Income (34%) 54,641.4 43,814.6 40,758.3
NOPAT 106,068.6 85,051.8 91,119.0
Net Operating WC 403,322.0 438,764.0 443,273.0
Net Operating Long Term ...
This solution provides an explanation on how to solve a problem regarding a project of free cash flow.