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Finding operating and free cash flows Consider the balance sheets and selected data from the income statement of Keith Corporation that follow m a. Calculate

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Finding operating and free cash flows Consider the balance sheets and selected data from the income statement of Keith Corporation that follow m a. Calculate the firm's net operating profit after taxes (NOPAT) for the year ended December 31, 2019. b. Calculate the firm's operating cash flow (OCF) for the year ended December 31, 2019, c. Calculate the firm's free cash flow (FCF) for the year ended December 31, 2019. d. Interpret, compare and contrast your cash flow estimate in parts (b) and (c) a. The net operating profit after taxes is (Round to the nearest dollar) a an ita 71,760 Assets Cash Marketable securities Accounts receivable Inventories Total current assets Gross fixed assets Less: Accumulated depreciation Net fixed assets Total assets Liabilities and Stockholders' Equity Accounts pavable December 31 2019 2018 $1,460 $1,010 1,220 2,000 1.790 2,950 2,830 $8,170 $6,850 $29,480 $28,090 14,750 13,100 $14,730 $14,990 $22.900 $21,840 ns S1590 $1490 Data Table - X Liabilities and Stockholders' Equity Accounts payable Notes payable Accruals Total current liabilities Long-term debt Total liabilities Common stock Retained earnings Total stockholders' equity Total liabilities and stockholders' equity $1,590 2,850 240 $4,680 $4,770 $9,450 $10,030 3,420 $13,450 $22,900 $1,490 2,230 260 $3,980 $5,010 $8,990 $10,030 2,820 $12,850 $21,840 (Click on the icon here in order to copy the contents of the data table below into a * Data Table - ha Retained earnings Total stockholders' equity Total liabilities and stockholders' equity 3,420 $13,450 $22,900 2,820 $12,850 $21,840 (Click on the icon here in order to copy the contents of the data table below into a spreadsheet.) Income Statement Data (2019) Depreciation expense Earnings before interest and taxes (EBIT) Interest expense Net profits after taxes Tax rate $1,650 2,740 371 1,872 21%

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