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A-D. Please show any math involved. P4-6 (similar to) Finding operating and free cash flows Consider the balance sheets and selected data from the income
A-D. Please show any math involved.
P4-6 (similar to) Finding operating and free cash flows Consider the balance sheets and selected data from the income statement of Keith Corporation that follow B - X 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). 6 Data Table a. The net operating profit after taxes is $. (Round to the nearest dollar.) (Click on the icon located on the top-right corner of the data tables below in order to copy its contents into a spreadsheet.) Keith Corporation Balance Sheets D December 31 Assets 2019 2018 Cash $1,470 $1,010 Marketable securities 1,840 1,150 Accounts receivable 1,990 1,800 Inventories 2,900 2,840 Total current assets $8,200 $6,800 Gross fixed assets $29,500 $28,050 Less: Accumulated depreciation 14,670 13,150 Net fixed assets $14,830 $14,900 Total assets $23,030 $21,700 Liabilities and Stockholders' Equity Accounts payable $1.630 $1,470 Notes payable 2.760 2,210 Accruals 240 250 Total current liabilities $4.630 $3,930 Long-term debt $5,030 $5,020 Total liabilities $9,660 $8.950 Common stock $9.950 $9.950 Retained earnings 3,420 2,800 Total stockholders' equity $13,370 $12.750 Total liabilities and stockholders' equity $23,030 $21,700 Income Statement Data (2019) Depreciation expense Earnings before interest and taxes (EBIT) Interest expense Net profits after taxes Tax rate D $1,520 2,660 369 1,810 21% Print DoneStep by Step Solution
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