Project the Cash Flows for Wal Mart for the next 5 years with
explanations for your forecasts: Growth rate for 2018 is 10%, 2019
is 11%, 2020 is 5.5%, 2021 is 5% and 2022 is 4%.
Actuals
Forecasts
Year
2015
2016
2017
2018
2019
2020
2021
2022
Cash Flows
Operating:
Income from continuing
operations
16,814
15,080
14,293
- common size
58.9%
55.1%
45.3%
- rate of change
-10.3%
-5.2%
Depreciation and
amortization
9,173
9,454
10,080
- common size
32.1%
34.5%...