Question: Using the attached information please help me with these calculations on MicroDrive's Projections Assume that we are at the end of 2019! Last FCF grows
Using the attached information please help me with these calculations on MicroDrive's Projections
Assume that we are at the end of 2019! Last FCF grows at the same rate as the long-term sales growth rate of 5%. Furthermore, the OP and CR have not changed in the two years prior to the end of the forecast period. Therefore, we do not need to forecast the FCF any further: the growth rate in FCF has leveled to the long-term rate of 5%.
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