Question: Please Answer Part A Based on these projections and actual 2016 data, you forecast parts of the income statement and balance sheets necessary to calculate
Please Answer Part A

Based on these projections and actual 2016 data, you forecast parts of the income statement and balance sheets necessary to calculate free cash flow: Partial Income Statement for the Year Ending December 31 \begin{tabular}{|c|c|c|c|c|c|c|c|c|c|c|} \hline & & \multirow{2}{*}{\begin{tabular}{r} Actual \\ 2016 \end{tabular}} & \multirow{2}{*}{\multicolumn{2}{|c|}{\begin{tabular}{r} Projected \\ 2017 \end{tabular}}} & \multirow{2}{*}{\multicolumn{2}{|c|}{\begin{tabular}{r} Projected \\ 2018 \end{tabular}}} & \multirow{2}{*}{\multicolumn{2}{|c|}{\begin{tabular}{r} Projected \\ 2019 \\ \end{tabular}}} & \multirow{2}{*}{\multicolumn{2}{|c|}{\begin{tabular}{r} Projected \\ 2020 \end{tabular}}} \\ \hline & & & & & & & & & & \\ \hline Net Sales & $ & 800.0 & $ & 920.0 & $ & 1,012.0 & $ & 1,072.7 & $ & 1,137.1 \\ \hline COGS (except depreciation) & $ & 576.0 & $ & 662.4 & $ & 728.6 & $ & 772.4 & $ & 818.7 \\ \hline Depreciation & $ & 60.0 & $ & 69.0 & $ & 75.9 & $ & 80.5 & $ & 85.3 \\ \hline Total operating costs & $ & 636.0 & $ & 731.4 & $ & 804.5 & $ & 852.8 & $ & 904.0 \\ \hline EBIT & $ & 164.0 & $ & 188.6 & $ & 207.5 & $ & 219.9 & $ & 233.1 \\ \hline \end{tabular} Partial Balance Sheets for December 31 Operating current assets Operating current liabilities Net operating working capital Net fixed assets Net operating capital NOPAT Investment in operating capital Free cash flow Growth in FCF Growth in sales na
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