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Jensen Corporation has the following data for 2021, Sales of $50 million, Net Profit Margin...

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Finance

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?

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