2. Use the information below to calculate the free cash flow for JCB, Inc. SHOW YOUR WORK (5 points) JCB, Inc. had the following data for 2018: Net income = $800; Net operating profit after taxes (NOPAT) = $700; Total assets - $3,000; and Total operating capital = $2,000. Information for 2019 is as follows: Net income = $1,000; Net operating profit after taxes (NOPAT) - $975; Total assets = $2,600; and Total operating capital - $2,600. How much free cash flow did the firm generate in 2019? 3. Use the information below to calculate working capital cash flow cycle. SHOW YOUR WORK RTR Inc.'s sales last year were $6,000,000 (all on credit), and its net profit margin was 12%. Its Inventory turnover was 5.0 times during the year, and its days sales outstanding was 35 days. Its annual cost of goods sold was $4,800,000. The firm had fixed assets totaling $750,000. RTR'S payables deferral period is 45 days. A. Calculate RTR's cash conversion cycle (2 points) B. Assuming RTR holds negligible amounts of cash and marketable securities (zero), calculate: Total assets turnover (3 points) Return on assets (ROA) (5 points)