Question: please help Consider recent financials for Ellie's Essentials LLC: Going forward, analysts have forecasted the following free cash flows: $2,650.00 in 2021 , and $2,600.00

Consider recent financials for Ellie's Essentials LLC: Going forward, analysts have forecasted the following free cash flows: $2,650.00 in 2021 , and $2,600.00 in 2022 . After that point, analysts expect free cash flows to grow at 3.00%. The firm has no short-term debt or preferred stock, and there are 1,000 shares outstanding. The firm's cost of capital is 12.00%. Find the free cash flow for the firm in 2020. Answer format: Currency: Round to: 2 decimal places
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
