9. TSW Inc. had the following data for last year: Net income = $800; Net operating profit after taxes (NOPAT) = $700; Total assets =
9.
TSW Inc. had the following data for last year: Net income = $800; Net operating profit after taxes (NOPAT) = $700; Total assets = $3,000; and Total operating capital = $2,000. Information for the just-completed year is as follows: Net income = $1,000; Net operating profit after taxes (NOPAT) = $700; Total assets = $2,600; and Total operating capital = $2,500. How much free cash flow did the firm generate during the just-completed year?
Select the correct answer.
10.
Zumbahlen Inc. has the following balance sheet. How much total operating capital does the firm have?
| Cash | $ 20.00 | | Accounts payable | $ 30.00 |
| Short-term investments | 50.00 | Accruals | 50.00 |
| Accounts receivable | 20.00 | Notes payable | 30.00 |
| Inventory | 60.00 | Current liabilities | $110.00 |
| Current assets | $150.00 | Long-term debt | 70.00 |
| Gross fixed assets | $140.00 | Common stock | 30.00 |
| Accumulated deprec. | 40.00 | Retained earnings | 40.00 |
| Net fixed assets | $100.00 | Total common equity | $ 70.00 |
| Total assets | $250.00 | Total liab. & equity | $250.00 |
Select the correct answer.
