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Forecast KMS's free cash flow, assuming KMS's market share will increase by 0.23% per year; investment, financing, and depreciation will be adjusted accordingly; and working capital will be as given in the table Tax Cuts and Jobs Act of 2017 temporarily allows 100% bonus depreciation (effectively expensing capital expenditures). However, we will still include depreciation forecasting in this chapter and in these problems in anticipation of the return of standard depreciation practices during your career. The free cash flow in 2019 will be $thousand. (Round to the nearest integer.) The free cash flow in 2020 will be $ The free cash flow in 2021 will be $ The free cash flow in 2022 will be $ The free cash flow in 2023 will be $ The free cash flow in 2024 will be $ thousand. (Round to the nearest integer.) thousand. (Round to the nearest integer.) thousand. (Round to the nearest integer.) thousand. (Round to the nearest integer.) thousand. (Round to the nearest integer.) Data table Net Income (Click on the following icon in order to copy its contents into a spreadsheet.) Free Cash Flow (000) 2019 2020 2021 2022 2023 $7,958 $9,263 $9,146 $9.489 $11,000 231 231 1,241 1,241 5,467 5,418 7,361 7,416 7,540 3.102 3,433 3.719 28,078 8,004 After-Tax Interest Expense 230.678492554 Depreciation. Increases in Net Working Capital Capital Expenditures 0 5,093 2.918 5,093 8,004 Print Done 2024 $12,673 1,241 7,550 4,058 8,004 X

Forecast KMS's free cash flow, assuming KMS's market share will increase by 0.23% per year; investment, financing, and depreciation will be adjusted accordingly; and working capital will be as given in the table Tax Cuts and Jobs Act of 2017 temporarily allows 100% bonus depreciation (effectively expensing capital expenditures). However, we will still include depreciation forecasting in this chapter and in these problems in anticipation of the return of standard depreciation practices during your career. The free cash flow in 2019 will be $thousand. (Round to the nearest integer.) The free cash flow in 2020 will be $ The free cash flow in 2021 will be $ The free cash flow in 2022 will be $ The free cash flow in 2023 will be $ The free cash flow in 2024 will be $ thousand. (Round to the nearest integer.) thousand. (Round to the nearest integer.) thousand. (Round to the nearest integer.) thousand. (Round to the nearest integer.) thousand. (Round to the nearest integer.) Data table Net Income (Click on the following icon in order to copy its contents into a spreadsheet.) Free Cash Flow (000) 2019 2020 2021 2022 2023 $7,958 $9,263 $9,146 $9.489 $11,000 231 231 1,241 1,241 5,467 5,418 7,361 7,416 7,540 3.102 3,433 3.719 28,078 8,004 After-Tax Interest Expense 230.678492554 Depreciation. Increases in Net Working Capital Capital Expenditures 0 5,093 2.918 5,093 8,004 Print Done 2024 $12,673 1,241 7,550 4,058 8,004 X

Principles of Accounting Volume 2
Principles of Accounting Volume 2
19th Edition
ISBN:9781947172609
Author:OpenStax
Publisher:OpenStax
Chapter11: Capital Budgeting Decisions
Section: Chapter Questions
Problem 8TP: Fenton, Inc., has established a new strategic plan that calls for new capital investment. The...
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Forecast KMS's free cash flow, assuming KMS's market share will increase by 0.23% per year; investment, financing, and depreciation will be adjusted accordingly; and working capital will be as given in the table The Tax Cuts and Jobs Act of 2017 temporarily allows 100% bonus depreciation (effectively expensing capital expenditures). However, we will still include depreciation forecasting in this chapter and in these problems in anticipation of the return of standard depreciation practices during your career. The free cash flow in 2019 will be $ The free cash flow in 2020 will be $ The free cash flow in 2021 will be $ The free cash flow in 2022 will be $ The free cash flow in 2023 will be $ The free cash flow in 2024 will be $ thousand. (Round to the nearest integer.) thousand. (Round to the nearest integer.) thousand. (Round to the nearest integer.) thousand. (Round to the nearest integer.) thousand. (Round to the nearest integer.) thousand. (Round to the nearest integer.) Data table (Click on the following icon in order to copy its contents into a spreadsheet.) Free Cash Flow (000) Net Income After-Tax Interest Expense Depreciation Increases in Net Working Capital Capital Expenditures 2019 2020 2021 2022 $7,958 $9,263 $9,146 $9,489 231 231 1,241 5,418 7,361 7,416 2,918 3,102 3,433 5,093 28,078 8,004 230.678492554 5,467 0 5,093 Print Done 2023 $11,000 1,241 7,540 3,719 8,004 2024 $12,673 1,241 7,550 4,058 8,004 X
Transcribed Image Text:Forecast KMS's free cash flow, assuming KMS's market share will increase by 0.23% per year; investment, financing, and depreciation will be adjusted accordingly; and working capital will be as given in the table The Tax Cuts and Jobs Act of 2017 temporarily allows 100% bonus depreciation (effectively expensing capital expenditures). However, we will still include depreciation forecasting in this chapter and in these problems in anticipation of the return of standard depreciation practices during your career. The free cash flow in 2019 will be $ The free cash flow in 2020 will be $ The free cash flow in 2021 will be $ The free cash flow in 2022 will be $ The free cash flow in 2023 will be $ The free cash flow in 2024 will be $ thousand. (Round to the nearest integer.) thousand. (Round to the nearest integer.) thousand. (Round to the nearest integer.) thousand. (Round to the nearest integer.) thousand. (Round to the nearest integer.) thousand. (Round to the nearest integer.) Data table (Click on the following icon in order to copy its contents into a spreadsheet.) Free Cash Flow (000) Net Income After-Tax Interest Expense Depreciation Increases in Net Working Capital Capital Expenditures 2019 2020 2021 2022 $7,958 $9,263 $9,146 $9,489 231 231 1,241 5,418 7,361 7,416 2,918 3,102 3,433 5,093 28,078 8,004 230.678492554 5,467 0 5,093 Print Done 2023 $11,000 1,241 7,540 3,719 8,004 2024 $12,673 1,241 7,550 4,058 8,004 X
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