Question
Below is the balance sheet for Blue Sky Blunders as of Dec. 31, 2018 and 2019. The company had an EBIT of $83,000 and depreciation
Below is the balance sheet for Blue Sky Blunders as of Dec. 31, 2018 and 2019. The company had an EBIT of $83,000 and depreciation of $12,000 in 2019, and a tax rate of 35%.
Assets | 2018 | 2019 | Liabilities & Equity | 2018 | 2019 |
Cash | 13,000 | 15,600 | Accounts payable | 22,000 | 24,200 |
Market. securities | 2,000 | 2,200 | Notes payable | 6,000 | 6,000 |
Accounts receivable | 4,000 | 3,600 | Current liabilities | 28,000 | 30,200 |
Inventory | 29,000 | 23,200 | Long-term debt | 95,000 | 80,000 |
Current assets | 48,000 | 44,600 | Total liabilities | 123,000 | 110,200 |
Machines | 34,000 | 40,800 | Paid-in capital | 20,000 | 20,000 |
Real estate | 80,000 | 80,000 | Retained earnings | 19,000 | 35,200 |
Net fixed assets | 114,000 | 120,800 | Total equity | 39,000 | 55,200 |
Total assets | 162,000 | 165,400 | Liab. & equity | 162,000 | 165,400 |
What was the net operating profit after taxes for 2019?
What was the company's net operating working capital (NOWC) at the end of 2018?
What was the company's total net operating capital at the end of 2018?
What was the company's net operating working capital (NOWC) at the end of 2019?
What was the company's total net operating capital at the end of 2019?
What was the net investment in operating capital in 2019?
What was the free cash flow (FCF) in 2019?
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