Question: Please give me the correct answer, what is the free cash flow for 2018? 1 Free Cash Flows 2 (All dollar values are provided in

Please give me the correct answer, what is the free cash flow for 2018?

Please give me the correct answer, what is the free cash flowfor 2018? 1 Free Cash Flows 2 (All dollar values are providedin millions 2018 4 Sales, ST Invest, Notes Pay, LT Debt factorincrease 1.20 Operating costs as % of sales Cash factor increase 6

1 Free Cash Flows 2 (All dollar values are provided in millions 2018 4 Sales, ST Invest, Notes Pay, LT Debt factor increase 1.20 Operating costs as % of sales Cash factor increase 6 1.20 1.10 1.25 1.10 1.25 1.15 7 Accts. Rec factor increase Inventory factor increase 9 Net Plant & Equip factor increase 10 Accts Pay factor increase 11 Accruals factor increase 12 13 Depreciation as % of Net Plant & Equip 14 Interest rate 15 Tax rate 16 Payout rate 10.00% 10.00% 40.00% 90.00% 2017 Sales Cash as % of sales Accts Rec as % of sales Inventory as % of sales Net Plant & Equip as % of sales Accts Pay as % of sales Accruals as % of Sales $2,500 1.00% 14.00% 23.00% 2700% 8.00% 3.00% Operating cost as % of sales Depreciation as % of Net Plant & Equip Interest rate Tax rate Payout rate Short-term investments as % of sales Notes payable as % of sales Long-term debt as % of sales Retained earnings multiple factor 85.00% 10.00% 10.00% 40.00% 80.00% 2.00% 20.00% 1.50 2018 Income Statements: Sales Operating costs excluding depreciation Depreciation and amortization Earnings before interest and taxes 2017 $3,000.0 2,475.0 74.3 $450.8 64.5 $386.3 154.5 $231.8 $208.6 $2,500.0 2,125.0 67.5 $307.5 53.8 $253.8 101.5 $152.3 $121.8 Less interest Pre-tax income Taxes Net income available to common stockholders Common dividends 2018 Balance Sheets: Assets Cash Short-term investments Accounts receivable Inventories Total current assets Net plant and equipment Total assets 2017 $30.0 15.0 385.0 718.8 $1,148.8 742.5 $1,891.3 $25.0 12.5 350.0 575.0 $962.5 675.0 $1,637.5 Liabilities and Equity Accounts payable Accruals otes payable Total current liabilities Long-term debt Total liabilities Common stock Retained earnings Total common equity Total liabilities and equity $250.0 86.3 60.0 $396.3 600.0 $996.3 826.2 68.9 $895.0 $1,891.3 $200.0 75.0 50.0 $325.0 500.0 $825.0 766.8 45.7 $812.5 $1,637.5 Free cash flow2018

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