Question
Finding operating and free cash flow In April 2020, Nike filed with the S.E.C. its quarterly 10-Q, which revealed that the company earned NOPAT of
Finding operating and free cash flow In April 2020, Nike filed with the S.E.C. its quarterly 10-Q, which revealed that the company earned NOPAT of $ billion that quarter with depreciation expense of $0.82 billion. Nike's financial statements also showed thefollowing: 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 (NCAI)?
d.What was Nike's free cash flow (FCF)?
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Financial Institutions Management A Risk Management Approach
Authors: Marcia Cornett, Patricia McGraw, Anthony Saunders
8th edition
978-0078034800, 78034809, 978-0071051590
