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a. Using the financial statements shown below, calculate net operating working capital, total net operating capital, net operating profit after taxes, free cash flow, and

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a. Using the financial statements shown below, calculate net operating working capital, total net operating capital, net operating profit after taxes, free cash flow, and return on invested capital for the most recent year. 202220222022202120212021NOWC=currentassetsOperatingNOWC=NOWC=NOWC=currentassetsNOWC=NOWC= 2022 2022 2021 NOWC = current assets 2021 Total net operating capital \begin{tabular}{lll} 2022 & TOC = & NOWC \\ 2022 & TOC = & \\ 2022 & TOC = & \\ & & \\ 2021 & TOC = & NOWC \\ 2021 & TOC = & \\ 2021 & TOC = & \end{tabular} Investment in total net operating capital \begin{tabular}{ll} 2022 inv. In TOC = & 2022 \\ 2022 inv. In TOC = & \\ 2022 Inv. In TOC = & \end{tabular} Operating current liabilties Operating current liabilites Fixed assets Fixed assets Net operating profit after taxes \begin{tabular}{llll} 2022 & NOPAT = & EBIT & x \\ 2022 & NOPAT = & & x \\ 2022 & NOPAT = & & \end{tabular} (1T) 2021 TOC Not investment in operating capital Free cash flow 202220222022FCF=NOPATFCF=FCF= 2022 FCF= + + + 2022 FCF = x x NOPAT - Total net operating capital Return on invested capital \begin{tabular}{ll} 2022 & ROIC = \\ 2022 & ROIC = \\ 2022 & ROIC = \end{tabular} NOPAT 1 i - and b. Assume that there were 15 million shares outstanding at the end of the year, the year-end closing stock price was $60 per share, and the after-tax cost of capital was 7%. Calculate EVA and MVA for the most recent year. Additional Input Data Stock price per share $60.00 \# of shares (in thousands) 15.000 After-tax cost of capital 7.0% Market Value Added MVA = Stock price x *t of shares Total common equity On my Honor I have neither given nor received aid on this examination, nor have I shared the questions with anyone

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