1.How do you build projection of free cash flows (UCF and LCF, but please do so on...
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Question:
1.How do you build projection of free cash flows (UCF and LCF, but please do so on the same schedule) for the next 11 years?Treat the 11th year as the first year in the terminal cash flow calculation.
a.Please list all of your assumptions on this schedule, as well as
b.Should include: supporting schedules to calculate things like operating margins, working capital projections, etc. Exhibit 12 may help you with some things required in a cash flow projection.
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