You have Tata Motors with the following financial information. They are subject to a tax...

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You have Tata Motors with the following financial information. They are subject to a tax rate of 21%. Find the FCFF in 2021 using the NI approach and also EBIT approach. 2020 2021 Sales $4,500 $4,700 COGS $2,800 $3,000 Depreciation $800 $950 Interest $220 $250 Dividends $200 $300 Current Assets $2,100 $2,250 Net PPE $5,200 $5,500 Current Liabilities $1,200 $1,500 Long term debt $2,970 $2,480

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