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abcd please Principles of Finance Fall 2020 Bus330-02 crn 91804 Homework: chapter 4 homework Save Score: 0 of 1 pt 6 of 7 (5 complete)
abcd please
Principles of Finance Fall 2020 Bus330-02 crn 91804 Homework: chapter 4 homework Save Score: 0 of 1 pt 6 of 7 (5 complete) HW Score: 63.49%, 4.44 0... P4-6 (book/static) Question Help 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. 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). a. The net operating profit after taxes is $ (Round to the nearest dollar.) X Data Table Keith Corporation Balance Sheets December 31 Assets 2019 2018 Cash $1,500 $1,000 Marketable securities 1,800 1,200 Accounts receivable 2,000 1,800 Inventories 2,900 2,800 Total current assets $8,200 $6,800 Gross fixed assets $29,500 $28,100 Less: Accumulated depreciation 14,700 13,100 Net fixed assets $14,800 $15,000 Total assets $23,000 $21,800 Liabilities and Stockholders' Equity Accounts payable $1,600 $1,500 Notes payable 2,800 2,200 Accruals 200 300 Total current liabilities $4,600 $4,000 Long-term debt $5,000 $5,000 Total liabilities $9,600 $9,000 Common stock $10,000 $10,000 Retained earnings 3,400 2,800 Total stockholders' equity $13,400 $12,800 Total liabilities and stockholders' equity $23,000 $21,800 Income Statement Data (2019) Depreciation expense Earnings before interest and taxes (EBIT) Interest expense Net profits after taxes Tax rate $1,600 2,700 367 1,400 21%Step by Step Solution
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