Business Finance Homework Help

Determine the free cash flow for the next 5 years (Y2021 – Y2025)Covid Testing & Vaccination Corp (CTVC) balance sheet and income statement for FY 2020 are in the “data provided” tab (figures are in $ thousands). The company is a spinout of a larger pharmaceutical company, and currently exists for the current pandemic environment, but will transition to focus on other areas in the future. For now, CTVC expects sales growth in 2021 of 40%, and then 20% in 2022. After that sales will slow to 5% growth for the remainder of the forecast horizon while they formulate their next venture.