13. Jensen Corporation has the following data for 2021, Sales of $50 million, Net Profit...
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13. Jensen Corporation has the following data for 2021, Sales of $50 million, Net Profit Margin of 10%, annual Depreciation of $1.5 million, projected Capital Expenditures of $1 million, projected Working Capital investment of $1.1 million and an inflation rate of 3%? The firm has no debt, and you are an analyst preparing a five-year free cash flow proforma and the free cash flow in 2021 of the proforma is? A. $4.532 million. B. $4.40 million. C. $ 2.90 million. I D. $3.07 million Page 5 of 7
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