1. **State the problem:** Calculate the average free cash flow (FCF) for FY 2022, 2023, and 2024, then compute the 3-year compound annual growth rate (CAGR) of this average FCF from 2022 to 2024. 2. **Formula for Free Cash Flow (FCF):** $$\text{FCF} = \text{Operating Cash Flow} - \text{Capital Expenditures}$$ 3. **Calculate FCF for each year:** - Extract Operating Cash Flow and Capital Expenditures from the 10-K cash flow statement for FY 2022, 2023, and 2024. - Compute FCF for each year using the formula above. 4. **Calculate the average FCF:** $$\text{Average FCF} = \frac{\text{FCF}_{2022} + \text{FCF}_{2023} + \text{FCF}_{2024}}{3}$$ 5. **Calculate the 3-year CAGR:** The CAGR formula is: $$\text{CAGR} = \left(\frac{\text{FCF}_{2024}}{\text{FCF}_{2022}}\right)^{\frac{1}{2}} - 1$$ Multiply by 100 to express as a percentage. 6. **Round the results:** - Average FCF rounded to 1 decimal place. - CAGR rounded to 2 decimal places. 7. **Final answers formatted:** FY 2022 Avg FCF: $X.XM FY 2023 Avg FCF: $X.XM FY 2024 Avg FCF: $X.XM 3-Year CAGR: X.XX%