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16 10 points Hastings Pumps recently, $90,000 of earnings before interest and tax (EBIT), and $2.200 of depreciation. The tax rate was 40%. The form

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16 10 points Hastings Pumps recently, $90,000 of earnings before interest and tax (EBIT), and $2.200 of depreciation. The tax rate was 40%. The form was required to spend $15,250 to buy new fixed assets (Capital Expenditure) and to invest $6,850 in net operating working capital The firm also had total assets of $125,000, total equity of $55,000, and net income of $ 12,200. The annual report from SEC indicated that the firm had earnings per share (EPS) of $10.20, stock price of $25.32, and total shares outstanding of 30,000 1. What was the firm's FCF? 2. Calculate ROE and ROA 3. Calculate P/E and M/B ratio

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