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Finding operating and free cash flow In April 2 0 2 0 , Nike filed with the S . E . C . its quarterly
Finding operating and free cash flow In April Nike filed with the SEC its quarterly Q which revealed that the company earned NOPAT of $ billion that quarter with depreciation expense of $ billion. Nike's financial statements also showed the following: Assume a tax rate of
a What was Nike's operating cash flow OCF
b What was Nike's net fixed asset investment NFAI
c What was Nike's net current asset investment NCAI
d What was Nike's free cash flow FCF
a Nike's operating cash flow OCF was $ billion. Round to two decimal places.
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tableFebruary November Current Assets,$ billion,$$ billionPayables and Accruals,$ billion,$ billionNet fixed assets,$ billion,$ billion
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