Revenue Growth Revenues Operating Margin EBIT Tax Rate EBIT (1-t) Reinvestment  FCFF
Base Year   $26,485            
1 2.00% $27,015 13.72% $3,707 20.20% $2,958 $363 $2,595
2 2.00% $27,555 14.23% $3,922 20.20% $3,130 $370 $2,760
3 2.00% $28,106 14.49% $4,072 20.20% $3,250 $377 $2,872
4 2.00% $28,668 14.74% $4,227 20.20% $3,373 $385 $2,988
5 2.00% $29,242 15.00% $4,386 20.20% $3,500 $353 $3,147
6 1.80% $29,768 15.00% $4,465 21.16% $3,520 $320 $3,201
7 1.60% $30,244 15.00% $4,537 22.12% $3,533 $284 $3,249
8 1.40% $30,668 15.00% $4,600 23.08% $3,538 $247 $3,291
9 1.20% $31,036 15.00% $4,655 24.04% $3,536 $208 $3,328
10 1.00% $31,346 15.00% $4,702 25.00% $3,526 $210 $3,316
Terminal year 1.00% $31,659 15.00% $4,749 25.00% $3,562 $356 $3,206