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A company has the following balance sheet (December 31, 2022). The figures Cash Accounts payable Accruals Short-term investments Notes payable Accounts receivable Inventory Current assets

A company has the following balance sheet (December 31, 2022). The figures Cash Accounts payable Accruals Short-term investments Notes payable Accounts receivable Inventory Current assets Gross fixed assets Accumulated deprec. Net fixed assets $ 50 20 30 70 170 250 50 10200 Total assets Current liabilities Long-term debt Common stock (par value=$1) Retained earnings Total common equity Total liab. & equity Note that only 40% of "cash" (shown in the balance sheet above) is used in operation. which Use the above information to answer questions 8 -10. $370 $30 40 20 90 70 30 180 210 $370 8. What is its total operating capital for 2022? $250 m 9. The appropriate tax rate is 20%. The company reported operating profits (EBIT) of $6 million for 2022 (December 31, 2022). What was the ROIC for 2022? 1.92% 10. The company had total operating capital of $215 million for 2021. What was the free cash flow (FCF) for 2022? -$30.2 m
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Use the above information to answer questions 8-10. 8. What is its total operating capital for \\( 2022 ? \\$ 250 \\mathrm{~m} \\) 9. The appropriate tax rate is \20. The company reported operating profits (EBIT) of \\( \\$ 6 \\) million for 2022 (December 31,2022 ). What was the ROIC for \2022?1.92 10. The company had total operating capital of \\( \\$ 215 \\) million for 2021 . What was the free cash flow (FCF) for 2022? - \\( \\$ \\mathbf{3 0 . 2} \\mathbf{m} \\)

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