Can you explain D?

Finding operating and free cash flows Consider the balance sheets and selected cala from the incurre statement of Keith Corporation that follow Data table a. Calculate the firm's ner operating crot aller 1798 INOPAT) for the year ended December 31, 2018 b. Calculate the frin's operating cash flow (OCF) for the year ended December 31, 2019. c. Calculate the firm's the cash now (FCF) for the year ended December 31, 20149 d. Interpret compare and contrast your cash flow estimate in parte (b) and (c) a. The net operating profil aller taxes is 3 2149. Round to the nearest dollar.) b. The operating cash flow (OCF) is $ 2769. Round to the nearest dular.) c. The fim's free cash flow (FCF) is $999. (Round to the nearest dolar) d. Interprct, compare and contrast your cash flow estimate in parts (t) and (c). Select all that apply.) Keith Corporation Balance Sheets December 31 Assets 2019 2018 Cash $1.540 $950 Marketable securites 1750 1,240 Accounts receivable 1.950 1.800 Inventories 2950 2.830 Total current assets $8.1901 $6 820 Crossthad Asants $29 520 $28050 LASA: Accumulated depreciation 14 710 13.090 Netfixed assets $14.810 $14,960 Total assets $23.000 $21,790 Liabilities and Stockholders' Equity Accounts payable 31620 51,520 Noles payable 2.800 2,210 Accrual 200 340 Toral current liabilties $4 620 $4 070 Long-term dent $5.000 $4.880 Total liabiles $9.620 $11.930 Corrmon stock $10,020 $10.020 Retaired earnings 2,380 2.830 Total sokholders' equity $13,380 $12,850 Total liabiles and stockholders' equity $73001 $21780 A A Depreciation is approximate the same size as net operating profiter tax, so the operating cash flow is about twice the NOPAT 8. Keith Corporation has positive cash flows from operating activities C. The OCF value is very meaningful because it shows that the cash flows from operations are adequate to cover both operating expense plus investment in feed and current assets 0. Keith Corporation has negative cash flows from operating activities. E. The FCF value s very meaningful because it shows that the cash fows from operations are adequate to cover both operating expense plus investment in fixed and current assets. Click on the icon here in order to copy the contents of the data table bekwino R spreadsheet.) Income Statement Data (2019) Deprecation expense $1.820 Earnings before interest and taxes (EBIT) 2.720 Interest expense 371 Nel profils after lases 1,856 Tex rale 21%