(1) You are given the following information, in the form of a Penman Decomposition of the income statement and balance sheet. Also, you are told that any changes to the Accumulated Other Comprehensive Income result from unrealized gain or loss on foreig n currency translations related to operating assets. You are asked to compute FCF and also Dispositions of FCF Prior Current Year Year Net operating profit after tax Interest expense, net of tax Net income 1,325 1,802 (401) (456) 924 1,346 Net operating assets 16,563 22,525 Long term debt Common stock Retained earnings Treasury stock Accumulated other comp. inc Total stakeholder claims 11,139 12,667 1,502 3752 5.359 6,398 (862) (1,162) (576) 870 16,563 22.525 (2) Using the information provided above, compute the after-tax returm on invested capital (ROIC). Compute the interest rate, net of tax. What conclusions do you draw regarding the financial flexibility, or financial slack of the firm