1. The NOWC for 2021 was closest to

A 400

B 0

C 100

2. The NOWC for 2020 was closest to

A -100

B 100

C 300

3. The NOPAT in 2021 was closest to

A 456

B 556

C 114

D 400

4. The Operating Cash Flow in 2021 was closest to

A 456

B 256

C 556

D 356

5. The capital expenditures in 2021 were closest to

A 500

B 400

C 600

D 300

6. The free cash flow in 2021 closest to

A 156

B -186

C 786

D -256

E 286

7.The invested capital for 2021 was closest to

A 1290

B 1500

C 1700

D 2000

E 1800

8. The Economic Value Added for 2021 was closest to

A 324

B 348

C 372

9. The Market Value Added for 2021 was clsest to

A 5000

B 6000

C -1000

10. The Price/Earnings ratio for 2021 was closest to

A 15X

B 10X

C 6X

Alpha inc.: December 31: Balance Sheets \begin{tabular}{lr} Income Statement (millions of dollars) & 2021 \\ \hline Net Sales & 1,370 \\ Operating costs except depreciation and amortization & 700 \\ Depreciation and amortization & 100 \\ Total operating costs & 800 \\ Operating income, or earnings before interest and taxes (EBIT) & 570 \\ Less interest & 70 \\ Earnings before taxes (EBT) & 500 \\ Taxes & 100 \\ Net Income & 400 \\ \hline \end{tabular} Additional Information StockPrice WACC. Tax Rate Common Shares Outstanding \begin{tabular}{r} 2021 \\ \hline$10.00 \\ 6.00% \\ 20.00% \\ 600 \end{tabular}