2) Free Cash Flow problems: Formulas: NOPAT = EBIT(1 -T) FCF = (EBIT(1 - T)+D&A) - Cap Ex- change in NOWC NOWC = Current assets - noninterest bearing current liabilities Problem #1: 3 Points LTD Corp. has cash of $15,000, $17,000 in accounts receivable, some inventory, total current assets of $71,500 and current liabilities of $22.025. If the company reported annual sales of $150,000, what is their inventory turnover. If the industry average is 5.1x, does LTD Corp. hold more, or less, inventory per dollar of sales compared to the industry? Problem #2: 3 Points Your uncle has $260,000 invested at 7.5%, and he now wants to retire. He wants to withdraw $35,000 at the end of each year, starting at the end of this year. He also wants to have $25,000 left to give you when he ceases to withdraw funds from the account. For how many years can he make the $35,000 withdrawals and still have $25,000 left in the end? show the cost of raw materials, work in process, and finished goous. IV HARU On Allied's balance sheet, we simply show a common stock line representing the "paid-in" capital of