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A. The net operating profit after taxes is = (Round to the nearest dollar) B. The operating cash flow (OFC) is = (Round to the

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A. The net operating profit after taxes is = (Round to the nearest dollar)

B. The operating cash flow (OFC) is = (Round to the nearest dollar)

C. The firms free cash flow (FCF) is = (Round to the nearest dollar)

Finding operating and free cash flows Consider the balance sheets and selected data from the income statement of Keith Corporation that follow a. Calculate the firm's net operating profit after taxes (NOPAT) for the year ended December 31, 2019 b. Calculate the firm's operating cash flow (OCF) for the year ended December 31, 2019 0 Data Table c. Calculate the firm's free cash flow (FCF) for the year ended December 31, 2019 d. Interpret, compare and contrast your cash flow estimate in parts (b) and (c). Keith Corporation Balance Sheets a. The net operating profit after taxes is $ (Round to the nearest dollar) December 31 Assets 2019 2018 Cash $1,500 $960 Marketable securities 1,830 1,220 Accounts receivable 1.970 1,820 Inventories 2.850 2,770 Total current assets $8.150 $6,770 Gross fixed assets 529,550 $28,080 Less: Accumulated depreciation 14,650 13,060 Net fixed assets $14.900 $15.020 Total assets $23,050 $21,790 Liabilities and Stockholders' Equity Accounts payable $1.580 $1,470 Notes payable 2,760 2,220 Enter your answer in the answer box and then click Check Answer. Accruals 340 Total current liabilities $4.500 SA 030 Total current liabilities $4,500 $4.030 Long-term debt $5,090 $4,880 Total liabilities $9,590 $8,910 Common stock $10,040 $10,040 Retained earnings 3,420 2,840 Total stockholders' equity $13,460 $12,880 Total liabilities and stockholders' equity $23,050 $21,790 160 Income Statement Data (2019) Depreciation expense Earnings before interest and taxes (EBIT) Interest expense Net profits after taxes Tax rate $1,590 2,680 372 1,823 21% wer

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