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Finding operating and free cash flow In April 2020 , Nike filed with the S.E.C. its quarterly revealed that the company earned NOPAT of $1.85

image text in transcribed Finding operating and free cash flow In April 2020 , Nike filed with the S.E.C. its quarterly revealed that the company earned NOPAT of $1.85 billion that quarter with depreciation expe billion. Nike's financial statements also showed the following: Assume a tax rate of 21% 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 (NCAl)? Data table (Click on the following icon in order to copy its contents into a spreadsheet.) es.) Finding operating and free cash flow In April 2020 , Nike filed with the S.E.C. its quarterly revealed that the company earned NOPAT of $1.85 billion that quarter with depreciation expe billion. Nike's financial statements also showed the following: Assume a tax rate of 21% 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 (NCAl)? Data table (Click on the following icon in order to copy its contents into a spreadsheet.) es.)

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