Question: Greener Side Fertilizer, Inc. estimates that its total financing needs for the coming year will be $35 million. The firm's required financing payments on

Greener Side Fertilizer, Inc. estimates that its total financing needs for the coming year will be $35

Greener Side Fertilizer, Inc. estimates that its total financing needs for the coming year will be $35 million. The firm's required financing payments on its debt and equity financing during the coming fiscal year will total $15 million. The firm's financial manager estimates that operating cash flows (OCFS) for the coming year will total $30.1 million and that the following changes will occur in the accounts noted. Account Gross fixed assets Change in current assets Change in accounts payable Change in accrued liabilities Forecast change +$5 million +$3 million +$2 million + $0.6 million a. Estimate Greener Side's free cash flow (FCF) for the coming year. b. How much of the free cash flow will the firm have available as a source of new internal financing in the coming year? c. How much external financing will Greener Side need during the coming year to meet its total forecast financing needs?

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