1. A firm has the financial information shown below. The average tax rate is 30%. Th ratio is 50%. Calculate OCF, NCS, change in NWC, CFS, CFC, and FCF. w. The average tax rate is 30%. The plowback Income Statement Revenues Cost of Goods Sold Other operating expenses Depreciation expense EBIT Interest Expense Taxable income Taxes Net income | 2019 $20,000 $10,000 $1.000 $3,000 $2.800 $840 $1,960 Balance Sheet 2019 2020 2019 2020 Current Assets $12,000 $10,000 $9,000 Current Liabilities $8,000 Long-term debt $80,000 $88,000 $170,000 Fixed Assets $186,000 $88,000 Total Debt $97,000 Accumulated Depreciation $15,000 $18,000 Common Stock $8,000 $13,020 Net fixed assets 155,000 $168,000 Accumulated Retained Earnings $69,000 $69,980 Total Equity $77,000 $83,000 Total Assets $165,000 $180,000 Total Debt and Equity $165,000 $180,000