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3-10 Cash flow Bailey Corporation's income statement (dollars are in thousands) is given here: Sales Operating costs excluding depreciation $14,000,000 and amortization EBITDA Depreciation and

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3-10 Cash flow Bailey Corporation's income statement (dollars are in thousands) is given here: Sales Operating costs excluding depreciation $14,000,000 and amortization EBITDA Depreciation and amortization EBIT Interest EBT Taxes (40%) Net income 7.000,000 $ 7,000,000 3,000,000 4,000,000 1,500,000 $2,500,000 1,000,000 $1,500,000 Its total operating capital is $20 billion, and its total after-tax dollar cost of operating capital is $2 billion. During the year, Bailey invested $1.3 billion in net operating capital a. What is its NOPAT? b. What is its net cash flow? c. What is its operating cash flow? d. What is its free cash flow

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